Crypto: Aave Tightens USDT Borrowing Rules to Safeguard Liquidity
Photo: Cointribune
Aave has just changed the borrowing conditions of USDT on its Ethereum V3 Core crypto market. Since October 21, rates increase faster as soon as 92% of liquidity is borrowed, compared to 94% previously. At a utilization level of 94%, the theoretical rate thus goes from 4.5% to 7%. The decentralized finance protocol aims to preserve more funds available for withdrawals. L’article Crypto: Aave Tightens USDT Borrowing Rules to Safeguard Liquidity est apparu en premier sur Cointribune .
Source: Cointribune
