Aave weighs closing 6 V3 blockchain markets, offboarding 50 low-use reserves

Neutral+0.92%

31 Jul, 08:57

Source: Cointelegraph

AI Summary

Aave is considering closing V3 markets on 6 blockchains and offboarding 50 low-use reserves following LlamaRisk recommendations, reflecting ongoing DeFi risk management discussions.

Aave weighs closing 6 V3 blockchain markets, offboarding 50 low-use reserves

DeFi risk management service LlamaRisk recommended that Aave wind down every reserve on Sonic, Scroll, zkSync, Metis, Soneium and Aptos, but action against most of those instances was already taken.