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DeFi protocol AAVE faces bad debt and centralized points of failure

DeFi protocol AAVE faces bad debt and centralized points of failure

AAVE could eventually be looking to dispose of billions of dollars’ worth of illiquid collateral if markets take another downturn.

Cryptocurrency news by Protos · Protos

November 22, 20224m 36s

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Show Notes

AAVE has a bad debt problem. A global community of people use the AAVE protocol to take out and service crypto loans, provide liquidity, stake, earn interest, and/or vote on governance proposals.



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