Aave is set to launch the Umbrella system to prevent bad debts from June 5, 2025.

robot
Abstract generation in progress

According to the Aave community forum, AAVE will officially launch the Umbrella system on June 5, 2025, allowing users to stake aTokens to prevent bad debt in the protocol and receive rewards. This mechanism replaces the previous AAVE staking and stkABPT methods, while directly destroying aTokens to handle bad debt, helping to increase capital efficiency and automatic activation mechanisms. Initially, Umbrella will be deployed on networks such as Ethereum, Arbitrum, Avalanche, and Base, supporting major assets like USDC, USDT, and WETH. The Umbrella system has completed development and auditing, ready for launch.

AAVE-1.54%
B-1.84%
A-1.22%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 3
  • Share
Comment
0/400
WhenWillDMCBeLaunched?vip
· 06-03 04:21
Hold on tight, we're about to To da moon 🛫
View OriginalReply0
WhenWillDMCBeLaunched?vip
· 06-03 04:21
Hurry up and enter a position! 🚗
View OriginalReply0
WhenWillDMCBeLaunched?vip
· 06-03 04:21
Just go for it💪
View OriginalReply0
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate app
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)