Freeze BUSD on aave
- Zen Capital
- Feb 17, 2023
- 2 min read
Edition #52 - 17 FEB 2023
This proposal suggests freezing the BUSD reserve on the Aave V2 Ethereum market following the announcement by Paxos, the minter of BUSD, to stop minting BUSD from April 2023 and only allow redemption for their underlying value by burning BUSD, leading to a trend towards zero circulating supply over time.
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