Pause DAI supply on AaveV2 Optimizer and disable DAI and sDAI as collateral on AaveV3 Optimizer

Morpho Optimizer General
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Recently, 100m DAI were deposited on Morpho Blue through a MetaMorpho vault managed by the Spark DAO, following a proposal on Maker.

This event prompted the submission of a proposal on Aave’s forum to set the Loan-to-Value (LTV) to 0 for every DAI market on all Aave instances (AaveV2 and AaveV3).

Since there is low usage and to prevent any side effects on Aave Optimizers, the Morpho Association has proactively implemented the following measures:

  • Paused the supply of DAI on AaveV2.

  • Paused the supply of DAI and sDAI as collateral on AaveV3 Optimizers.

  • Disabled DAI and sDAI as collateral from AaveV3 Optimizers.

    Only one position had 42k as collateral with no borrow, the rest was dust.

  • Disabled DAI and sDAI as collateral on AaveV3’s pool for the AaveV3 Optimizers.

These steps ensure that, should this proposal pass, Optimizers and their users will not be affected.

No user lost funds during this operation.

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