The post Will Aave Users Get Their Money Back? One Analyst Has a Plan for Kelp’s $230M Debt appeared first on Coinpedia Fintech News
Aave is sitting on up to $230 million in bad debt from the Kelp DAO exploit. The Umbrella safety reserve holds $80 to $100 million, according to analyst estimates. That gap has to come from somewhere, and right now, the options on the table are ugly for everyone involved. Depositors could take a haircut. stkAAVE …