GOVERNANCE
Raise Aave V3 Liquidation Fees on WBTC, WETH, wstETH
LlamaRisk proposes raising Aave V3 Ethereum Core LPF from 10% to 20% on WBTC, WETH, wstETH. Backtesting 14,006 liquidations ($1.05B) shows +$1.35M to +$2.23M annual net treasury revenue. Aave's take per dollar liquidated rises from 173 bps to 187–196 bps. 30% is a hard ceiling; BAL shows net negative at both levels.
