AAVE Slides 30% in Four Weeks, Trailing Bitcoin and Ether
The governance token's losses exceeded those of bitcoin and ether, while Aave's dollar-denominated locked value fell by a smaller proportion.
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The governance token's losses exceeded those of bitcoin and ether, while Aave's dollar-denominated locked value fell by a smaller proportion.
The Nasdaq-listed company has 46,676 ETH backing its borrowings, and the loan could become eligible for liquidation if ether slides to around $1,700.
TokenLogic proposes reserve-factor changes across Aave markets, with an estimated $3.5 million annual revenue increase at a fixed snapshot.