Home›Crypto›DeFi›Aave proposes reserve deprecations impacting $98.1 mil…

Aave proposes reserve deprecations impacting $98.1 million in supplied assets

The proposal would deprecate 75 reserves and six deployments, affecting $15.6 million in debt.

Reported · Written up by our desk · DeFi

Aave has proposed reserve deprecations that would adjust how certain assets are treated within its lending protocol, The Block reports. The plan targets 75 reserves and six deployments.

According to The Block, the changes would affect $98.1 million in supplied assets and $15.6 million in debt.

The proposal is part of Aave’s ongoing reserve management process, which can influence which collateral and deployments remain active within the platform, based on conditions set by the protocol.

More like this

Sources