The Aave governance layer has advanced a proposal to increase the borrowing limits for WBTC and cbBTC from 73% to 81% of collateral value, while raising the liquidation threshold from 78% to 85%. This move would narrow the simplified maximum leverage price buffer for borrowers from 6.4% to 4.7%, meaning a Bitcoin price drop of approximately 4.7% could trigger liquidation. The proposal has entered the Snapshot voting phase, with voting expected to begin within 24 hours after September 21.