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Aave borrowers face high costs as freeze blocks new collateral

Aave borrowers face high costs as freeze blocks new collateral

Photo: The Currency Analytics

Aave froze deposits in specific reserves during the Binance hack, forcing borrowers to pay interest rates of up to 36% APR while preventing them from adding fresh collateral to protect their loans. Read the original on Aave borrowers paid up to 36% APR during freeze . For more crypto news and analysis, visit TheCurrencyAnalytics.com .

Source: The Currency Analytics

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