【Market Update】The Aave community is considering a $USDG rollover proposal: holders of Pendle fixed-yield tokens (PT) on the X Layer chain can transfer positions maturing on October 29 to new positions maturing in February 2027. However, in its October 8 assessment, risk firm LlamaRisk noted that the new token’s on-chain yield is below most prevailing lending rates. This means that without leverage and additional incentives, accepting the rollover may not be worthwhile.
#DeFi #Aave
(Source: CryptoSlate)
⚠️Risk disclaimer: The above is shared for informational purposes only and does not constitute investment advice. Investing involves risks; proceed with caution.