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Are Aave v3 e-mode capital efficiency gains worth the added risk?
Been looking closely at Aave v3's High Efficiency Mode. The capital efficiency for correlated assets is undeniable, but it does expose users to liquidation cascades more readily if the correlation breaks or if market volatility spikes. For yield farming, are the marginal gains worth taking on that increased liquidation sensitivity? I'm leaning towards a cautious approach.
2 comments · 12 points
I've been wondering the same thing. The idea of higher leverage is tempting, but a liquidation cascade sounds like a nightmare. It really depends on your risk tolerance and how closely you can monitor your positions.