LlamaRisk Proposes $1.33B Collateral Exit From Aave Core
Headline from The Defiant
Key points
- Risk management firm LlamaRisk suggested offloading $1.33 billion in collateral from the Aave Core platform.
- Under the proposed plan, affected token reserves will be frozen initially.
- This step keeps active loans open, giving borrowers necessary time to substitute their collateral assets or transition their positions over to the upcoming Aave V4 protocol.
Summarized automatically by Kryptokite from reporting by The Defiant. Read the original sources for full detail.
Coins mentioned
Sources
- The DefiantLlamaRisk Proposes $1.33B Collateral Exit From Aave Core · 25 minutes agoRead on The Defiant
Story timeline
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