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Aave Reopens Frozen Markets but Blocks New Collateral Loans
(3 hours ago) · 1 source · Summarized by CryptoBipto
Aave has reopened markets that were previously frozen but has restricted users from taking out new loans using collateral on those markets. The move appears to be a risk management measure as the protocol transitions certain markets back to active status.
WHY IT MATTERS
In decentralized finance (DeFi), protocols like Aave work like automated banks where people can lend and borrow crypto without a traditional intermediary.
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SOURCES
- cryptoslate.com
RELATED
AAVEDeFiAaveLending ProtocolsRisk ManagementDecentralized Governance
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