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Cryptocurrencies: 29397
Markets: 112336
Market Cap: $2,161,102,407,224     
24h Vol: $74,566,277,339
cryptonews 2022-11-29 12:06:00

Aave DeFi Platform Freezes 17 Crypto Markets on Platform Due to Volatility Concerns – More Trouble on the Way?

Aave DeFi Platform Freezes 17 Crypto Markets on Platform Due to Volatility Concerns – More Trouble on the Way?
Major decentralized lending protocol Aave has "temporarily" frozen its lending services across 17 markets citing excess volatility that could pave the way for market manipulation attempts. The DeFi protocol passed a governance vote on the matter yesterday, with almost all members casting their votes in support of the proposal. More specifically, less than 0.01% of AAVE holders voted against the proposal while almost 100% supported it. ... Read More: Aave DeFi Platform Freezes 17 Crypto Markets on Platform Due to Volatility Concerns – More Trouble on the Way?
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