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Aave safety module questions
I got two revolving around the safety module:
-
Has it ever been activated and if so, I assume there are txs on etherscan, an example would be awesome (to better understand the redemption of BPTs for Aave to then go into an
AuctionModulecontract). -
Did this proposal progress further - link?
- Aave Protocol
RĂ©ponses
1There is no auctionModule contract. Currently we have staking in which Aave or ABPT can be staked. More details đđ» Aave v2 staking docs
In case of a shortfall event there will a Aave governance proposal for auction module and details on what/how funds from safety module are used to cover the market.
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Aave is a decentralized non-custodial liquidity protocol where users can participate as depositors or borrowers.
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