Aave founder: Gauntlet has suspended withdrawals on Compound
Foresight News reported that Aave founder Stani Kulechov tweeted, "DeFi risk management protocol Gauntlet has suspended withdrawals on Compound, and the de-pegging of deUSD means users cannot withdraw their principal when facing bad debt risk." Gauntlet's CBO later commented that this suspension was a proactive precautionary measure aimed at reducing risk.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
YB briefly reached 0.48 USDT, rising 15.77% within 15 minutes.
Lithuania to Intensify Crackdown on Unlicensed Cryptocurrency Firms Starting in 2026
SlowMist reminds users to operate risky wallets with caution
