Aave is considering closing 6 V3 blockchain markets and offboarding 50 low-use reserves, according to reporting from CoinTelegraph. This decision comes after DeFi risk management service LlamaRisk recommended that Aave wind down every reserve on certain blockchain platforms.
LlamaRisk's recommendation specifically targeted reserves on Sonic, Scroll, zkSync, Metis, Soneium, and Aptos. However, action against most of those instances was already taken, as noted in the CoinTelegraph report.
Aave is a decentralized lending platform that operates on multiple blockchain platforms, providing liquidity and borrowing services to users. The potential closure of these markets and offboarding of low-use reserves could have implications for users and the overall DeFi ecosystem.