AAVE will enable the Umbrella security module on June 5 to deal with bad debt risks

PANews reported on June 3 that according to the Aave community forum, AAVE will officially launch the Umbrella system on June 5, 2025, allowing users to pledge aTokens to prevent bad debts in the protocol and receive rewards. This mechanism replaces the old method of staking AAVE and stkABPT, and directly destroys aTokens to deal with bad debts, achieving higher capital efficiency and objective triggering mechanisms. Initially, it will be enabled on networks such as Ethereum, Arbitrum, Avalanche, and Base, covering major assets such as USDC, USDT, and WETH. Umbrella has completed development and auditing and is ready for launch.

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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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