Aave Gets Citi’s Backing on Tokenized Collateral
Photo: Coindoo
Over the past five weeks, Aave’s own risk providers have documented what that business looks like in practice: GHO debt on its Horizon market jumped 68% in a month, largely through looped positions, and its main fund collateral can only be seized by parties the issuer approves. Key Takeaways On-Chain Footprint: Horizon’s GHO debt rose from 23.2 million to 39.0 million in the 30 days to September 14. Historical Parallel: JAAA processed 93 redemptions worth $717.3 million in a year; 91 settled within one business day.
Source: Coindoo
