AAVE Stops Loaning ETH Ahead of Merge

AAVE suspends ETH borrowing as the risk of high utilization leading up to the Merge could affect ETH liquidity. The DeFi protocol’s community voted between Aug. 30, 2022, and Sep. 2, 2022, to pause ETH lending to protect the protocol from risks associated with excessive borrowing. According to research firm Block Analitica, suspending loans will … Read more