Members of Aave’s decentralized autonomous organization (DAO) voted overwhelmingly in favor of a proposal to dramatically increase the cost of borrowing BUSD, while decreasing the revenue accrued by its lenders, according to its author, Marc Zeller. Those actions are intended to disincentivize use of BUSD.

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• Source: https://www.coindesk.com/business/2023/03/09/aave-advances-plan-to-nix-borrowing-lending-of-binances-busd-stablecoin/?utm_medium=referral&utm_source=rss&utm_campaign=headlines