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How Aave’s Variable Borrow Rate Changes an Existing USDT Loan

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TLDR — Aave’s Ethereum USDT curve now raises borrowing costs sooner as liquidity tightens.

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Aave’s Ethereum USDT curve now raises borrowing costs sooner as liquidity tightens. Existing debt keeps its accrued interest; a new rate changes how the balance grows from then on.... Read the full story at The Defiant

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