Back

TokenLogic proposes Aave V4 bad-debt backstop with 800 ETH, 400,000 USDC and 400,000 USDT targets

Verifying
  • TokenLogic proposed Umbrella coverage for WETH, USDC and USDT in Aave’s Core Hub.
  • 800 ETH, 400,000 USDC and 400,000 USDT are proposed underwriting targets.
  • Aave’s DAO would absorb initial deficits before volunteer underwriters cover additional losses.
ETH
USDT
USDC
The information on this website is generated using AI and we cannot guarantee its accuracy. Please use it as reference information only.