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Babylon Advances Native Bitcoin Collateral Plan for Aave V4

TLDR — The proposal would keep collateral on Bitcoin but use WBTC to settle permissionless liquidations.

Signal data▼ Bearishconfidence 75%Medium materiality
AssetEventsector-trendEvent timeAttention0 readers/hrNormalSmart readers0

The proposal would keep collateral on Bitcoin but use WBTC to settle permissionless liquidations. Risk settings and further governance votes are still pending.... Read the full story at The Defiant

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