Aave

Gauntlet

TrueUSD

Coin

<ul class="news-points"> 
 <li><strong>Analyst Adam Cochran has lauded Gauntlet Network for limiting the use of TUSD on Aave.</strong></li> 
 <li><strong>Gauntlet’s decision came after the protocol noticed the abnormal borrowing behavior of TUSD.</strong></li> 
 <li><strong>Cochran recently carried out a probe into the real owners of the TUSD stablecoin.</strong></li> 
</ul> 
<p>Crypto expert Adam Cochran recently took to Twitter to appreciate decentralized finance protocol Gauntlet Network’s decision to limit the use of the TrueUSD stablecoin on its Aave V2 lending pools. Gauntlet’s decision came after the crypto expert highlighted irregularities in TrueUSD’s operations and ownership structure.</p> 
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter">
 <div class="wp-block-embed__wrapper"> 
  <blockquote class="twitter-tweet" data-width="550" data-dnt="true">
   <p lang="en" dir="ltr">1/2<br><br>I give <a href="https://twitter.com/gauntletnetwork?ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">@gauntletnetwork</a> flack sometimes but they did good here; noted abnormal borrowing behavior of <a href="https://twitter.com/search?q=%24TUSD&amp;src=ctag&amp;ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">$TUSD</a> on <a href="https://twitter.com/AaveAave?ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">@AaveAave</a> and initiated a vote to adjust its role as collateral.<br><br>This is the kind of proactive behavior <a href="https://twitter.com/cz_binance?ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">@cz_binance</a> and <a href="https://twitter.com/heyibinance?ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">@heyibinance</a> should be taking. <a href="https://t.co/268RfmkxIk" target="_blank" rel="nofollow">https://t.co/268RfmkxIk</a></p>— Adam Cochran (adamscochran.eth) (@adamscochran) <a href="https://twitter.com/adamscochran/status/1675832774320635905?ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">July 3, 2023</a>
  </blockquote>
  <script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script> 
 </div>
</figure> 
<p>According to Cochran, the Gauntlet Network recently concluded a vote to adjust the role of the TUSD stablecoin as collateral on their Aave lending pools. The abnormal borrowing behavior of TUSD on Aave v2 led to the vote on Gauntl…</p>
<p>The post <a rel="nofollow" href="https://coinedition.com/gauntlet-reduces-tusds-role-as-collateral-after-experts-scathing-probe/">Gauntlet Reduces TUSD’s Role as Collateral After Expert’s Scathing Probe</a> appeared first on <a rel="nofollow" href="https://coinedition.com">Coin Edition</a>.</p>

Gauntlet Reduces TUSD’s Role as Collateral After Expert’s Scathing Probe

Coin Edition

2023년 7월 4일에 게재된 다른 기사

How to Find Coins Ready to Explode

South Africa to Enforce License Regime for Crypto Firms: Bloomberg

Router’s Journey of Building the Foundation of an Interoperable Ecosystem | June 2023

Main Cardano Meme Coin SNEK Unveils Epic July Plans

Bitcoin indicators point at bullish rise by end of year; BTC could reach this price

XRP price prediction for 2023, 2024, and 2025

무료 뉴스레터에 가입하여 매일 최신 암호화폐 소식을 받아보세요!