The $9B on @aave earning below T-bill rates is baffling.
- If it's a DeFi trust issue, why not go to tokenized T-bills?
- If they're afraid of centralization or fiat, why be in a centralized stablecoin in the first place?

Aave V4 reinvestment feature will move floats automatically into T-bills and other “risk down” strategies
Aave will win
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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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