The proposal to hardcode the price of Ethena's USDe stablecoin to match Tether's USDT stablecoin in Aave's pricing feed has faced backlash from community members. The authors of the proposal claim it will protect Aave users from secondary market fluctuations. Aave is a decentralized lending platform in the DeFi space with a total value locked of $37 billion. Currently, Aave uses Chainlink's price feed for USDe, but the proposal suggests using a USDT/USD feed instead to reduce liquidation risks. However, community members have expressed concerns about the risks involved and the proposal's failure to address all risk factors. The proposal is still in its early stages and has not yet called for votes. Apart from this proposal, Aave has seen growth and expansion into new markets, while Ethena has announced plans to partner with Telegram and release new products. The crypto market has also seen Aave's trading price rise by 7% in the last 24 hours.



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