Closing AAVE Market and Returning Staked Assets

RabbitX
1 min readJun 9, 2022

It was announced in late April that the AAVE-USDC market would be wound down and assets returned to participants as we work towards our v2 launch. We’d like to announce the staked assets in the AAVE pool have been returned to remaining stakers.

What was sent to wallets:

  • The LP (STRP-USDC LP tokens on Sushiswap) as per stakers’ original staked amount
  • The net USDC profits collected from trading profits and fees

Please refer to the following Arbiscan details for the list of wallets that received a return of funds, and the exact amount of each transfer:

Arbiscan details for LP transfer: https://arbiscan.io/tx/0x39cde065337fd452429951325bd7c1712a02ff569564f075885f177ae2cf1970

Arbiscan details for USDC transfer: https://arbiscan.io/tx/0x8938f5db0b4157cfd5c2d625e21aef6b2674bef79719a7ab8d9e04967bfc3a5f

AAVE stakers are still able to claim any STRP rewards on the staking page.

Please feel free to contact us in Telegram and Discord if you have any questions. We thank you for your continued support as we work towards launching v2.

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RabbitX

To build the largest fixed income trading platform for DeFi