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Aave DAO considers freezing osETH token amid risk concerns with $538.6M collateral at stake

Market News
12 Nov 2026, 10:16 WIB
Tokenpost
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Neutral
Aave DAO considers freezing osETH token amid risk concerns with $538.6M collateral at stake

Aave's decentralized autonomous organization (DAO) is discussing a proposal to freeze the staked Ether token osETH separately from a broader asset freeze plan. The proposal, suggested by risk adviser LlamaRisk, aims to freeze osETH along with other tokens like LBTC and rETH due to significant collateral risk, with osETH alone backing $279.4 million in collateral and $256.6 million in debt. Freezing would stop new deposits and borrowing against these assets but keep existing positions open. The proposal is still under discussion with no formal vote yet, signaling ongoing governance deliberations on managing risk in Aave V3 Core assets.

StakeWise's proposal on osETH freeze provides context for cryptocurrency market activity. For readers following major cryptocurrencies, here is Pluang's market snapshot as of Nov 12, 2026 15:11 WIB: out of 50 major cryptocurrencies, 14 rose and 35 fell. Notable movers include UNI at Rp111.664 with a 1-day change of -4.06% and a typical hold time of 66 days, XNO at Rp5.609 down 3.82% with 100% buy order activity, and ZIL at Rp28 down 3.69% with 85% buy order activity.

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