Spark's strategy director: Aave's unfreezing of the WETH market will exacerbate the risk of ordinary users being trapped.

PANews reported on April 21 that MonetSupply, Spark's head of strategy, tweeted that Aave has decided to lift the market freeze on Ethereum Core WETH . Under the current interest rate model, LST/LRT holders can execute high-leverage cyclical strategies using assets like weETH : taking advantage of a 0.5% discount to the weETH market price and Aave's ETH borrowing rate cap of 5.15% , they can obtain approximately 45% annualized returns. However, the market utilization rate of aEthWETH has reached 100% , making it more difficult for ordinary depositors and stablecoin borrowers to exit or refinance from aWETH . MonetSupply points out that this decision, without addressing the liquidity shortage of aEthWETH , provides "risk-free returns" for arbitrageurs, weakening the liquidity and experience for normal users.

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