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LlamaRisk Proposes Reducing Aave Lending Caps Ahead of Market Reopening
(3 hours ago) · 1 source · Summarized by CryptoBipto
LlamaRisk, a risk management contributor to the Aave protocol, has proposed reducing lending and borrowing caps on Aave before traditional markets reopen. The proposal aims to limit the protocol's exposure to potential volatility that could occur when markets resume trading.
WHY IT MATTERS
Aave works like a decentralized bank where people can lend out their crypto to earn interest or borrow crypto by putting up collateral.
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SOURCES
- thedefiant.io
RELATED
AAVEDeFiRisk ManagementAave GovernanceLending Protocols
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