Aave’s Base hub allows $21 million in USDC loans against Coinbase stock tokens. Frozen weekend prices could expose opt-in suppliers to bad debt.
- Aave's Base hub allows USDC loans against Coinbase stock tokens, with a $21 million borrowing cap.
- A 'weekend price gap' risk exists because collateral prices are frozen from Friday to Sunday, while borrowing and liquidation remain active.
- This gap could expose opt-in USDC lenders to bad debt if the market reopens with a significant price drop and insufficient liquidity for liquidators.
Topics: Asset types, Blockchain usage, Risk default, Alternative assets, Layer 2 scaling, Smart contract vulnerabilities
Tags: #aave #usdc #coinbasestocktokens #pricegap #liquidationrisk #baddebt #collateral #lending #basehub #chainlink
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