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Aave Governance Approves Native Bitcoin Lending Proposal

(3 hours ago) · 1 source · Summarized by CryptoBipto

Aave's governance community has passed a proposal to enable native Bitcoin lending on the protocol. However, analysts and community members have flagged potential liquidation risks that may not be immediately apparent to users.

WHY IT MATTERS

Aave works like a decentralized bank where people can deposit crypto to earn interest or borrow against their holdings.

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SOURCES

  • cryptoslate.com

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