Forced liquidations are one of DeFi’s most brutal features. They are also one of its most important. For years, decentralized lending and synthetic-asset protocols have relied...
For much of the last cycle, crypto lending platforms were the quiet engines of decentralized finance. Billions of dollars flowed into lending pools, users earned yield...
The world’s largest decentralized‑lending protocol seems to be dialing back its ambition. Aave DAO is currently debating a proposal to deprecate and unwind its deployments on...