Decommissioning of LEND & Adding AAVE Market

To date, about 87% of LEND has migrated to AAVE. In support of the AAVE migration, we have already disabled supply and borrow of LEND. Only Withdraw & Repay are allowed for LEND.

The next step toward decommissioning LEND is to reduce the collateral factor from 50% to 0% and add AAVE market with same collateral factor. This change will take place tomorrow, November 5th around 12:00 pm UTC+8 and will be announced on our Twitter when it’s done.

Please be sure to review your supply/borrow positions if you are using LEND as collateral.

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C.R.E.A.M. Finance is a decentralized lending protocol for individual and institutional access to financial services. It is a permissionless and blockchain agnostic protocol existing on Ethereum, Binance Smart Chain and Fantom. Join us: https://linktr.ee/creamdotfinance

Decommissioning of LEND & Adding AAVE Market

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