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Aave borrowers faced up to 36% APR while a freeze blocked fresh collateral

Borrowers in Aave's frozen reserves kept paying interest while the restrictions prevented fresh deposits, including the extra collateral they might normally supply to protect a loan. Suppliers were still able to request their money back, provided enough tokens were available, so withdrawals could make borrowing more expensive even though new borrowing was blocked in those…

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Aave borrowers faced up to 36% APR while a freeze blocked fresh collateral
Picha: CryptoSlate

Muhtasari wa habari

Borrowers in Aave's frozen reserves kept paying interest while the restrictions prevented fresh deposits, including the extra collateral they might normally supply to protect a loan. Suppliers were still able to request their money back, provided enough tokens were available, so withdrawals could make borrowing more expensive even though new borrowing was blocked in those…

Fuatilia habari za hivi karibuni kutoka kwa wachapishaji wanaoaminika pamoja na muhtasari mfupi. Fungua chanzo asili kwa maelezo.

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