According to Foresight News, Aave has initiated a community proposal v2 to deprecate small-cap stablecoins on Ethereum. It plans to deprecate USDP, GUSD, LUSD, FRAX and sUSD, which includes increasing borrowers' annualized interest rates to encourage borrowers to repay their loans, and proposing freezes to prevent new supply and borrowing.
See original
Aave launches V2 community proposal to deprecate small-cap stablecoins on Ethereum
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
AAVE
181.28
+16.17%
Replies 0
