Capital de TokensAave Froze Its Markets: What Could Users Do? #Shorts
Watch on YouTube Does a freeze on Aave mean no one can access their funds? No. During the freeze, users could withdraw funds and repay loans; liquidations also continued. What stopped were new deposits and new loans.
Does a freeze on Aave mean no one can access their funds? No. During the freeze, users could withdraw funds and repay loans; liquidations also continued. What stopped were new deposits and new loans.
The episode explains why: the attacker deposited 60 million USDT into Aave and borrowed about $44.6 million in WETH. As a precaution, Aave froze its V3 and V4 markets.
The freeze limited new transactions, but did not block all user actions. And the technical cause of the attack is still under investigation.
Full episode: https://youtu.be/LchIk79il68
🤖 AI-generated content: The script, voices, and images in this episode were produced with artificial intelligence tools.
#Shorts