Circle Economist Proposes 50% Rate Ceiling to Snap Aave's USDC Liquidity Crisis
In brief An economist at USDC issuer Circle proposed an emergency overhaul of Aave’s lending mechanics, advocating for a 50% maximum borrowing rate. Making Aave...
Tag : Aave039s
Aave's TVL tanks $8B a day after $293M Kelp DAO hack
Total value locked on decentralized lending protocol Aave dropped by nearly $8 billion over the weekend after hackers behind the $293 million Kelp DAO exploit...