Aave proposal targets 50 low-adoption reserves plus six chain deployments — $98.1M supplied, $15.6M debt — under its new post-KelpDAO risk framework.
- Aave is proposing to remove 50 low-adoption reserves and shut down 6 smaller blockchain deployments, impacting $98.1M in supplied assets and $15.6M in debt.
- This move is driven by a new risk framework aimed at reducing operational costs, improving risk management, and eliminating underperforming markets.
- The proposal seeks to streamline Aave's operations by prioritizing efficiency and risk control over sheer network expansion.
Topics: Scalability, Legal regulatory, Blockchain usage, Market depth liquidity, Enforcement actions litigation, Ethereum evm l 1 s
Tags: #aave #riskframework #lowadoptionreserves #chaindeployments #governance #liquidity #maintenancecosts #bridgedassets #pendle #kelpdao