3 sourcesTracking since 30 Jul, 10:03
Aave moves to wind down six chains in $98M cleanup
Chronological coverage
First seen30 Jul, 10:03Aave moves to wind down six chains in $98M cleanup
Aave proposes winding down six networks and 96 reserves, affecting $98.1 million supplied and $15.6 million in outstanding debt.
Crypto.news•Olivia Stephanie
Follow-up30 Jul, 16:15Aave Moves to Retire 50 Low-Adoption Assets, Wind Down Six Chains
Kulechov says the $98 million cleanup 'should not be interpreted as a view on any L1 or L2' as the lending giant narrows its focus to high-value markets.
The Defiant•The Defiant Team
Latest30 Jul, 18:19Aave Deprecates 50 Low-Adoption Assets and Winds Down Six Chain Deployments
Aave says the changes are designed to reduce exposure to inactive markets while giving users time to exit positions safely.
CryptoPotato•Wayne Jones