Astor Ent

@horse_meds @rickdev_ai @aave @LlamaRisk Hey what are you using to swap? Can you send me a SS

@rickdev_ai @AstorEnt @aave @LlamaRisk I'm trying to do this, but $1k USDC gives $978 worth of wBTC. I have over $300K USDC stuck in AAVE, so that's a substantial slippage. Any tips??

Update on rsETH incident: @LlamaRisk has published a report outlining the rsETH incident, the immediate actions taken, its impact on Aave, and potential paths forward. All service providers have been working to assess the two potential bad debt scenarios on the Aave protocol. Aave DAO service providers are also leading an effort with ecosystem participants to address any bad debt. This effort already has several indicative commitments from various parties and we are grateful for the strong support we have received so far. We will share further updates as we have them. In the meantime, the full report can be read here: governance.aave.com/t/rseth-incide…

@awkawk912 @rickdev_ai @aave @LlamaRisk There's no option to swap aeUSDC on aave

@AstorEnt @rickdev_ai @aave @LlamaRisk Looks like uniswap, go directly to aave

@rickdev_ai @aave @LlamaRisk

@AstorEnt @aave @LlamaRisk where are you checking the swap? You should check it directly on aave, the swap will be 1 to 1 for market price. You can also swap to DAI btw and withdraw, there is $3m in pool now:

@rickdev_ai @aave @LlamaRisk In the pic you are swapping regular USDC > DAI at 1:1 market price. Try swapping aUSDC to DAI

@rickdev_ai @aave @LlamaRisk Has there been a historical precedent of a similar event as the current one which is playing out? And how long did it take for liquidity to return to the pool? (days/weeks/months?) I am checking out aUSDC swap to aWBTC but there is like a 70%+ value loss in executing this

@AstorEnt @aave @LlamaRisk Usdc never has been freezed, there was no liquidity in a pool. But you can exit aUSDC->aWBTC->withdraw - there is a lot of liquidity in wbtc pool