Aave reduces Scroll exposure amid turmoil in governance model

Aave, the largest decentralized lending protocol, has proposed reducing its exposure to governance risks within the Ethereum layer-2 network, Scroll’s ecosystem. The initiative, submitted on Sept. 11 by the Aave Chan Initiative (ACI), comes amid mounting instability in Scroll’s decentralized governance model. The proposal outlines several defensive measures to protect Aave’s users and liquidity pools. The post Aave reduces Scroll exposure amid turmoil in governance model appeared first on CryptoSlate.