The Aave community has initiated a proposal to freeze the BUSD reserve funds on Aave V2

2023-02-13 20:51:48
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ChainCatcher message, the Aave community has initiated a proposal to freeze the BUSD reserves on Aave V2. The proposal states that BUSD has no growth prospects in the future, and the most reasonable approach for Aave is to freeze the reserves and invite users to switch to another stablecoin within Aave.

Currently, the total supply of BUSD on Aave V2 on Ethereum is approximately 13.69 million, with a total borrowing amount of 11.06 million. (source link)

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