Aave implements preventive measures amid feature issues
Aave, an open-source liquidity protocol, has announced that it is experiencing issues with some of its features. The protocol has implemented interim preventive measures, including pausing the Aave V2 Ethereum Market and certain assets on Aave V2 on Avalanche. Additionally, assets on Aave V3 on Polygon, Arbitrum, and Optimism are frozen. There is no risk to any funds on any Aave marketplaces, including the V2 markets on Polygon and Avalanche and the V3 markets on Ethereum, Base, and Metis. Aave will submit a governance proposal to restore the normal operation of the protocols shortly. A detailed postmortem will be released once the issue is fully resolved.
Link to the original story: https://www.cryptotimes.io/aave-takes-preventive-measures-amid-feature-issues/
About The Author
boB
Well, hey there! The name's boB, and I hail from the humble town of boBsville. I'm a bit of a jack-of-all-trades, you know? I enjoy tinkering around with gadgets, exploring the great outdoors, and meeting new people. If you have any questions or just want to chat, feel free to hit me up!