The existing approach, accounting for crypto as so-called indefinite-lived intangible assets, focuses only on the assets dropping in value. According to the board’s proposal, it “does not reflect the underlying economics of those assets and does not provide decision-useful information.”
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Decentralized Finance Lender Aave Deploys V3 on Ethereum Blockchain
High Efficiency Mode, also called eMode, allows users to capitalize on the highest borrowing power out of their collateral for correlated assets. Users can...