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Aave Reopens Lending Markets but Sets Nine Assets to Zero Loan-to-Value
(2 hours ago) · 1 source · Summarized by CryptoBipto
Aave has reopened its lending markets after a period of restriction, but has kept nine assets at a zero loan-to-value ratio, meaning they cannot be used as collateral for borrowing. The move reflects ongoing caution about certain assets on the decentralized lending platform.
WHY IT MATTERS
Aave is a popular platform in decentralized finance (DeFi) where people can lend and borrow cryptocurrency without a bank.
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SOURCES
- thedefiant.io
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