Aave borrowers faced up to 36% APR while a freeze blocked fresh collateral
Borrowers in Aave's frozen reserves kept paying interest while the restrictions prevented fresh deposits, including the extra collateral they might normally supply to protect a loan. Suppliers were still able to request their money back, provided enough tokens were available, so withdrawals could…
Sources
- T2Aave borrowers faced up to 36% APR while a freeze blocked fresh collateralThe Defiant / DL News / Protos / CryptoSlate