Circle Economist Proposes 50% Rate Ceiling to Snap Aave's USDC Liquidity Crisis

Circle Economist Proposes 50% Rate Ceiling to Snap Aave's USDC Liquidity Crisis

Summary

Some users pushed back via Aave’s governance forum, fearing the changes would fuel liquidations on the lending protocol.

Description

Some users pushed back via Aave’s governance forum, fearing the changes would fuel liquidations on the lending protocol.

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