Aave to expand collateral and listing standards after KelpDAO exploit
Burns Brief
The lending giant is expanding its asset listing criteria beyond financial risk to include cybersecurity and architecture, and wants the rest of DeFi to follow The news has rattled market participants, with bears looking to push prices lower while bulls attempt to defend key support levels. Watch $AAVE for reaction — a decisive move above or below key levels will confirm the next trend.
The lending giant is expanding its asset listing criteria beyond financial risk to include cybersecurity and architecture, and wants the rest of DeFi to follow.
Key Takeaways
- The lending giant is expanding its asset listing criteria beyond financial risk to include cybersecurity and architecture, and wants the rest of DeFi to follow