Aave Freezes tBTC After Its Bitcoin Exit Door Locks
Photo: Coindoo
Key Takeaways Aave froze new tBTC supply and borrowing. Withdrawals return tBTC, not native Bitcoin. Liquidation threshold stays at 78%. Paused redemptions remove a key price anchor. Risk provider LlamaRisk set out the October 31 restrictions on Aave V3 Ethereum Core in a governance update , after Threshold paused redemptions of tBTC into Bitcoin. What still works on Aave OFF New tBTC deposits OFF Borrowing power from tBTC ON Repaying loans ON Withdrawals, where allowed ON Liquidations “Allowed” carries weight on the withdrawal line.
Source: Coindoo
