Aave Proposes to Deprecate 50 Assets and Wind Down Six Networks
- Aave proposes removing 50 low-adoption reserves and winding down six deployments to reduce risk.
- The deprecation process affects $98.1M in supply and $15.6M in outstanding debt.
- Sonic Scroll, zkSync Metis, Soneium and Aptos markets face full wind-down measures.
Aave is proposing to deprecate dozens of low-adoption asset reserves across its lending deployments as part of a broader effort to reduce operational and technical exposure. The founder of the decentralized finance protocol, Stani Kulechov, said Aave is deprecating 50 asset reserves across multiple deployments while also winding down markets on Sonic, Scroll, zkSync, Metis, Soneium, and Aptos.
The changes affect $98.1 million in supply and $15.6 million in outstanding debt as the protocol applies its updated Risk Framework and Technical Asset Listing Framework. The proposals will require governance approval …
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