Review Article · Conceptual ReviewPublished
When Interest Rates Are Not Enough in Aave: Why DeFi Lending May Need a Liquidity Backstop
A conceptual review of why utilization-based interest rates may need an asset-specific, stress-calibrated funding-liquidity backstop.
- Authors
- Mohammad Saee Ghaemi
- Publication date
- October 15, 2026
- Topics
- DeFi, Digital Assets, Risk and Security
- Reading time
- 9 min read