457 million of the loss in worth came from the ecosystem reserve, which distributed 29% of the tokens (590,113 AAVE), mixed with falling prices. However, the share of revenues derived from stablecoins dropped throughout the year, from 86% in Q1 to 60% in Q4 as demand for USD-denominated debt contracted with falling costs. This left Aave with 2.7 million CRV, roughly $1.7 million at the time, in unhealthy debt. The saga started when a trader deposited $39 million USDC into Aave to borrow CRV, which they might then sell again to USDC in an try to short it. Notably, solely 24% of the USD worth and 38% of the tokens had been claimed in H2 2022. 193,370 AAVE were disbursed as part of a liquidity incentive program that ended in May 2022. The Safety Module, separate from the incentive program, acts as a person-funded insurance coverage fund for the protocol. Or you'll be able to try to find overvalued property which might be likely to decrease in worth. The simple act of staking your held crypto assets into a platform to earn extra tokens has turn out to be extremely in style on other blockchains resembling Binance Smart Chain, Polygon, and extra recently Solana. On high of the license, you want to consider what crypto market the platform gives, fees and commissions, buying and selling instruments, and the types of funds assist.