Aave DAO approving overcollateralized stablecoin splits crypto community

Aave DAO approving overcollateralized stablecoin splits crypto community


CoinTelegraph
2022-08-01 10:28:44

Aave’s stablecoin approval drew wild reactions from the crypto community, with many comparing its fate to TerraUSD (UST); however, Aave proponents were quick to point toward the overcollateralized factor.