SpaceX Share Unlock Looms Over Aave Collateral Proposal

LlamaRisk has proposed adding SpaceX shares as collateral on Aave with a 55% collateral factor and a 37,000-token cap, while noting that larger liquidations would depend on redemptions or derivatives hedges. The proposal is a risk-parameter recommendation rather than a live listing, and the mention of an upcoming SpaceX share unlock introduces uncertainty around collateral value. Traders in AAVE should watch whether this unconventional real-world-asset collateral advances, but the immediate price impact is limited.