Aave: Received issue report and has taken temporary precautionary measures, all funds are risk-free

2023-11-05 08:05:05

Collection

ChainCatcher news, the decentralized lending protocol Aave announced on social media that it has received reports regarding an issue with a certain feature of the Aave protocol.

After verification with community developers, the following temporary precautionary measures have been taken: pausing the Aave V2 Ethereum market; pausing certain assets on Aave V2 on Avalanche; freezing certain assets on Aave V3 on Polygon, Arbitrum, and Optimism.

The team stated that there is no risk to any funds on the Aave markets. The Aave V3 markets on Ethereum, Base, and Metis, as well as the V2 markets on Polygon and Avalanche, are not affected. A governance proposal to restore normal operation of the protocol will be submitted soon, and a detailed post-mortem analysis will be published after the issue is fully resolved.

(Source Link)

Related tags

Aave Aave V2 Aave V3

ChainCatcher reminds readers to view blockchain rationally, enhance risk awareness, and be cautious of various virtual token issuances and speculations. All content on this site is solely market information or related party opinions, and does not constitute any form of investment advice. If you find sensitive information in the content, please click "Report", and we will handle it promptly.