Aave, the decentralized lending protocol, has successfully resumed its operations after facing security vulnerabilities earlier this month.
Vulnerability Spurs Immediate Action
The Community Guardian has unpaused Aave V3 markets, indicating the resolution of issues that led to the temporary measures.
On November 4, a vulnerability affecting various lending markets across Aave V2 on Ethereum and Aave V3 on blockchains like Optimism, Arbitrum, Avalanche, and Polygon came to light. In response, the Aave DAO promptly took action, temporarily turning off the stable rate borrowing feature to prevent potential exploitation.
Impact and Precautionary Measures
Aave temporarily paused its V2 Ethereum market and suspended assets on Avalanche, Polygon, Arbitrum, and Optimism. However, Aave V3 on Ethereum, Base, and Metis, as well as Aave V2 on Polygon and Avalanche, remained unaffected.
The problem causing the issue was not disclosed, but users were assured they could still withdraw and repay p
We współpracy z: https://cryptodaily.co.uk/2023/11/aave-lending-markets-pick-up-operations-after-security-concerns
