Aave weighs closing 6 V3 blockchain markets, offboarding 50 low-use reserves

CoinTelegraph·

Aave weighs closing 6 V3 blockchain markets, offboarding 50 low-use reserves

60-second summary

Aave is considering closing 6 V3 blockchain markets, offboarding 50 low-use reserves, following a recommendation from DeFi risk management service LlamaRisk. LlamaRisk suggested winding down every reserve on Sonic, Scroll, zkSync, Metis, Soneium, and Aptos, and Aave has already taken action against most of these instances, indicating a proactive approach to risk management in the DeFi space.

DeFi risk management service LlamaRisk recommended that Aave wind down every reserve on Sonic, Scroll, zkSync, Metis, Soneium and Aptos, but action against most of those instances was already taken.