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Aave to Freeze osETH on V3 Core Market

StakeWise's founder called for a separate vote on freezing osETH, StakeWise's staking token, on Aave's V3 Core market. The plan would stop new osETH supply and borrowing against it while leaving existing positions open. LlamaRisk, a risk adviser, argues that V3's shared lending pool exposes suppliers to collateral risks at a pooled borrowing rate, while borrowers collect additional spread from looping strategies. The freeze would affect $256.6 million in WETH debt backed by osETH.

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Aave to Freeze osETH on V3 Core Market · Coin News Pot