LlamaRisk Asks Aave to Freeze StakeWise, Lombard and Rocket Pool Tokens on Its V3 Core Market
By Unchained
AI summary of the source article
Risk adviser LlamaRisk proposed freezing osETH, LBTC, and rETH on Aave V3 Core, along with six small reserves. The proposal affects $538.6 million in collateral backing $364.1 million in debt.
Why it matters
The goal, LlamaRisk wrote, is to "keep Core for established, liquid collateral and to move riskier assets to Aave V4."
Key facts
- LlamaRisk proposed on Nov. 10 that Aave freeze osETH, LBTC, and rETH, alongside six small reserves on Aave V3 Core.
- The three largest proposed freezes cover $538.6 million of collateral backing $364.1 million of debt.
- A freeze blocks new deposits and borrowing while keeping existing positions untouched and unaffected.
Source excerpt · Unchained
Two of the five assets named in the proposal are already frozen, and StakeWise's founder has asked the Aave DAO to vote on its osETH token separately. The post LlamaRisk Asks Aave to Freeze StakeWise, Lombard and Rocket Pool Tokens on Its V3 Core Market appeared first on Unchained .