Why did $AAVE trend today? The truth is here!
Direct reason: A giant whale is causing trouble!
Collateral massacre:
Last night, CRV plummeted 30%, Aave liquidation bots went into a frenzy
A single $4 million collateral was sold off in seconds, on-chain gas fees skyrocketed
Federal Reserve's divine assistance:
The Federal Reserve hinted at interest rate cuts, DEFI lending rates plummeted
Retail investors crazily borrowed stablecoins to invest in meme coins, Aave's lending volume surged 200% in 24 hours
Hardcore highlights: wilder than you can imagine
Retail printing machines:
Depositing coins automatically generates interest, aToken directly earns interest
Exclusive lightning loans: zero collateral borrowing, essential for developers to arbitrage
Risk control black technology:
Over-collateralization + three layers of insurance:
1. Liquidators can grab collateral at 30% off
2. Safety module with a $200 million AAVE cushion
3. Balancer liquidity pool as support
Real yield monster:
Takes 15% of the entire network's lending fees, with a daily maximum earning of $5 million
The community treasury holds $300 million, ready to buy back if there's a sell-off
But don't get carried away! Hidden dangers are here:
Liquidation chain reaction: If CRV experiences another crash like this, the safety module may be breached
Interest rate assassins: APY may look low, but floating rates can double in a minute
DEFI three monsters: AAVE, COMP, MKR are in a fierce competition, ready to lose market share at any moment
No fans will blow up the system, nor blindly open positions
It's all about seeking victory steadily, advancing step by step, those who want to reap rewards should hop on quickly!
SUI TURMP BONK PEPE OM SOL PNUT NEIRO
