Aave to phase out support for 75 underused reserves across networks

Aave to phase out support for 75 underused reserves across networks Aave founder Stani Kulechov said the protocol is undertaking a major restructuring to remove low-utilization assets and scale back some network operations. Aave plans to gradually end support for 50 underused asset reserves on its network and sequentially reduce support for 25 reserves on Sonic, Scroll, zkSync, Metis, Soneium and Aptos. The move is expected to affect $98.1 million in assets and $15.6 million in loans.