Aave plans to remove several volatile tokens, including CRV and UNI, from its staking eligibility list.

PANews reported on November 13th that, according to DeFi researcher Ignas, Aave is voting to set the LTV of tokens such as $CRV, $UNI, $ZK, $BAL, $LDO, 1INCH, $METIS, and $CAKE to 0 and remove lending services due to a 15%–50% jump in a single oracle update during the crash on October 10th (early morning of October 11th Beijing time) and the risk of bad debt caused by delayed price feeds. Ignas pointed out that there was a price difference of about 58% between Chainlink price feeds and DEX prices, resulting in ~$200K of funds being arbitrageurized; the total staking income of these assets in the past three months was about $14K, and the borrowing income was low (e.g., CRV annualized ~$80K). He himself, as a delegator, has voted in favor.

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Author: PA一线

This content is for informational purposes only and does not constitute investment advice.

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