Daily Market Updates: Two Aave stablecoin backstops shrank $12.4 million as reward rates rose

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Two Aave stablecoin backstops shrank $12.4 million as reward rates rose

Reported · Written up by our desk · Bitcoin

Two tracked Ethereum V3 Umbrella stakes fell 9.7%, while their implied annualized reward run rate stayed near $2 million. Read the full story on CryptoSlate Understand the crypto stories that matter and what to watch next. Get The Catalyst in your inbox

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CryptoSlateTwo Aave stablecoin backstops shrank $12.4 million as reward rates rose

Crypto

Two Aave stablecoin backstops shrank $12.4 million as reward rates rose

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