DeFi Giant MakerDAO Braces For Celsius Liquidation As stETH Slumps

MakerDAO said on Thursday it will disable direct deposits with peer Aave due to the latter’s high exposure to a potential Celsius liquidation.  The move was bought up in a governance proposal that was approved by the MakerDAO community, and is set to be executed on June 17. MakerDAO, which is the largest DeFi platform

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Author: toutiao