Crypto & Web3
impact 15
Circle Economist Proposes 50% Rate Ceiling to Snap Aave's USDC Liquidity Crisis
Circle Economist Proposes 50% Rate Ceiling to Snap Aave's USDC Liquidity Crisis Some users pushed back via Aave’s governance forum, fearing the changes would fuel liquidations on the lending protocol.
Why it matters
A useful signal for anyone monitoring economist. The circle factor makes this more consequential than it first appears.