LlamaRisk Proposes $1.33B Collateral Exit From Aave Core
LlamaRisk has proposed a $1.33 billion collateral exit from Aave Core, which would involve freezing affected reserves.
Risk management firm LlamaRisk has proposed a $1.33 billion collateral exit from Aave Core, according to TheDefiant. Under the proposal, affected reserves would be frozen first.
Migration and Loans
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The plan leaves existing loans open while borrowers switch their collateral or migrate to V4.
Key facts
- LlamaRisk proposed a $1.33 billion collateral exit from Aave Core.
- Affected reserves would be frozen initially.
- Existing loans remain open during the transition.
- Borrowers can switch collateral or migrate to V4.
Source: thedefiant.io
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