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Aave Deprecates 75 Asset Reserves in Risk Management Overhaul

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APT AAVE ZK METIS
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Aave has proposed deprecating 75 asset reserves and shutting down deployments across six networks as part of an updated risk management strategy.

The changes affect assets with a total supply of $98.1 million and open borrows of $15.6 million, according to the proposal.

Aave founder and CEO Stani Kulechov said that following a comprehensive review, the protocol will end support for 50 low-usage asset reserves.

The team also plans to gradually wind down its deployments on Sonic, Scroll, zkSync, Metis, Soneium, and Aptos, which will affect another 25 asset reserves.

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