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Aave Moves to Retire Dozens of Low‑Use Asset Reserves and Wind Down Six Chains

Covered by 2 sources · 2 articles

2 outlets - including Crypto and Crypto-economy - are covering this story. Aave proposes winding down six networks and 96 reserves, affecting $98.1 million supplied and $15.6 million in outstanding debt.

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Aave moves to wind down six chains in $98M cleanup
Crypto.news Jul 30, 10:03 UTC

Aave 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.

Aave Moves to Retire Dozens of Low‑Use Asset Reserves and Wind Down Six Chains
Crypto Economy Jul 30, 09:30 UTC

Aave Moves to Retire Dozens of Low‑Use Asset Reserves and Wind Down Six Chains

TL;DR Reserve Cleanup: Aave plans to offboard 50 low‑adoption reserves and 21 matured Pendle PTs across multiple deployments. Chain Wind‑Downs: Six smaller deployments holding $12.8 million in supplied assets are slated for full retirement.…