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Aave restores ether borrowing limits after $230 million exploit
AAVE
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CS
CoinDesk Staff(07:05 AM UTC)
1 min read
The DeFi lending protocol reversed restrictions imposed after April’s $292 million exploit, restoring borrowing capacity across six networks as contagion fears ease.
Lending protocol Aave has restored wrapped ether (WETH) loan-to-value (LTV) ratios across six major networks, reversing emergency restrictions imposed after April exploit that caused over $230 million in tokens to be stolen.
In…
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