Aave to retire 50 low-adoption assets, $98.1M in deposits at stake
Covered by 2 sources · 2 articles
2 outlets - including Cryptotimes and Cryptonomist - are covering this story. The plan, filed as a governance proposal by risk provider LlamaRisk and publicly backed by Aave Founder Stani Kulechov, still needs an on-chain vote before any reserve is formally retired.
All coverage
Aave to Wind Down 50 Low-Adoption Reserves & 6 Chains Holding $98.1M
The plan, filed as a governance proposal by risk provider LlamaRisk and publicly backed by Aave Founder Stani Kulechov, still needs an on-chain vote before any reserve is formally retired.
Aave to retire 50 low-adoption assets, $98.1M in deposits at stake
One of DeFi’s most dominant lending protocols is quietly shrinking its footprint — and the numbers behind the move reveal just how deliberate the strategy really is. Aave’s founder Stani Kulechov has announced plans to retire low-adoption a…