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But we saved everything 🙂.
Stani Kulechov, founder and chief executive officer (CEO) at Avara, reports that Aave V4 has crossed its first $1 million in liquidations.
He describes liquidations as a foundation of resiliency in lending protocols and calls this a key milestone as Aave V4 gains momentum.
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Kulechov previously announced Whop as the first fintech to integrate DeFi Earn, enabling over 21 million businesses to earn on idle balances, according to a recent report. He has also highlighted the importance of stablecoins and stated that DeFi will be central to their utility in a separate interview. These initiatives reflect Avara’s continued focus on decentralized finance solutions.