Why DeFi giant Aave is pulling the plug on six hyped blockchains making less than $5,000 a quarter
In a July 29 forum-stage proposal, Aave risk service provider LlamaRisk recommended winding down the decentralized lender’s V3 deployments on Sonic, Scroll, zkSync, Metis, Soneium, and Aptos. The plan would put $4.1 million of debt on a staged exit path that keeps existing positions open during the initial step. The Aave Request for Final Comments, […]
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