LlamaRisk’s Oct. 9 snapshot found two positions held about 97% of supplied syrupUSDC on Aave’s Arc market, with health factors of 1.02 and 1.01. A position becomes eligible for liquidation below 1.
Liquidators supply cash before recovering it from collateral. That exit needs local buyers or a bridge to Ethereum and Maple’s redemption queue. Most withdrawals take under 24 hours, but can take up to 30 days. Aave’s available USDC is separate from the cash available to buy or redeem syrupUSDC.
Liquidators supply cash before recovering it from collateral. That exit needs local buyers or a bridge to Ethereum and Maple’s redemption queue. Most withdrawals take under 24 hours, but can take up to 30 days. Aave’s available USDC is separate from the cash available to buy or redeem syrupUSDC.
