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Aave: Received a problem report regarding a certain function of the Aave protocol, measures have been taken, and all funds are risk-free

Aave: Received a problem report regarding a certain function of the Aave protocol, measures have been taken, and all funds are risk-free

CointimeCointime2023/11/05 00:45
By:Cointime

They have received reports about issues with a certain feature of the Aave protocol. After verification with community developers, the following temporary measures have been taken:

1. Aave V2 on the Ethereum market has been suspended;

2. Certain assets on Aave V2 have been suspended on Avalanche;

3. Certain assets on Aave V3 have been frozen on Polygon, Arbitrum, and Optimism.

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

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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