Crypus
Crypus
Defi - trading BTC - ETH
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The team @LayerZero_Core has finally stepped up to contribute 10,000 ETH to save Aave.
Of which:
- 5,000 ETH donated to DeFi United
- 5,000 ETH pumped in to increase liquidity for Aave
supporting additional liquidity for GHO
A few days ago, they were called out a lot for being too quiet for too long.
Now that they’ve appeared, it’s like they’re playing their part well.
Just like the main character usually shows up at the end of the movie.
Crypus
Update information about $Aave:
After the rsETH shock related to KelpDAO, Aave is under significant capital withdrawal pressure. According to circulating data, over $8.45 billion has left the system in just about 2 days, while many core pools are experiencing liquidity strain. Aave has also frozen rsETH and subsequently continued to freeze WETH reserves on Ethereum, Arbitrum, Base, Mantle, and Linea to mitigate the risk of widespread fallout.
Currently, rsETH on Ethereum is said to be backed by underlying assets, but on Aave, rsETH in V3 and V4 continues to be frozen, with no new deposits or use as collateral for borrowing. Meanwhile, the freezing of WETH across multiple chains has further increased liquidity pressure as users withdraw ETH en masse.
The most concerning part is the bad debt. Many estimates currently place Aave's figure around $177–200 million, primarily in positions using rsETH as collateral to borrow WETH. Following the incident, Aave's governance thread has also confirmed that they are closely monitoring the situation and have had to adjust the WETH interest rate model on some chains to prevent the borrow rate from rising excessively as utilization spikes.
The issue now is that hacking + freezing + mass withdrawals + contracting liquidity are happening simultaneously.
Anyone still holding assets on Aave should closely follow updates from governance and prioritize risk management during this period.
Check out the Sodex testnet to see
➡️
In addition, Sodex still has a mainnet pool of ~80m$ Soso for you to participate in trading Perpdex🤔🤔🤔
Every week, 1,000,000 SoPoints are distributed to users who trade.
🚀Join now :
Crypus
Billions has just updated the vesting schedule.
Anyone who participated in the ICO now has to choose one of three options:
✅ Get your money back, wait for a refund after TGE
✅ Lock for an additional 6 months to receive 125% allocation
✅ Lock for an additional 12 months to receive 150% allocation
The issue is that the deal previously promised was 100% tokens at TGE.
The downtrend now is not just due to hacks.
There are also these ICO deals that are just ridiculous.
It seems only the alpha will benefit. Fud = pump alpha ???
Billions has just updated the vesting schedule.
Anyone who participated in the ICO now has to choose one of three options:
✅ Get your money back, wait for a refund after TGE
✅ Lock for an additional 6 months to receive 125% allocation
✅ Lock for an additional 12 months to receive 150% allocation
The issue is that the deal previously promised was 100% tokens at TGE.
The downtrend now is not just due to hacks.
There are also these ICO deals that are just ridiculous.
It seems only the alpha will benefit. Fud = pump alpha ???
