How to withdrawl money?

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governance.aave.com

TL;DR:

The discussion focused on the use of Aave, a decentralized protocol, and the issues users faced, such as withdrawal difficulties and unexpected fees. It emphasized the importance of understanding how decentralized protocols operate, the need for vigilance against potential scams, and the value of community support in resolving issues.

The discussion primarily revolves around the use of Aave, a decentralized protocol, and the issues some users are facing. New user Rasele sought advice on how to withdraw money and pay maintenance fees1. Jehkinen provided a general guide on how to deposit, withdraw, and borrow assets on Aave2.

Several users, including Bempah98 and Nalu, reported issues with their Aave "accounts". They were hit with a maintenance and operation fee and were unable to withdraw until the fee was paid. Their accounts were frozen and they were asked to deposit a collateral amount before they could access their investments 3,4,5,6. EzR3aL clarified that Aave is a decentralized protocol and doesn't require an account. They suggested checking Aave's documentation or watching YouTube videos for help with loans and warned about potential scammers in the community7.

A notable incident was shared by Chonor, who received a message from "the technical team" asking them to deposit 10,000 USDT to restore their wallet balance. EzR3aL warned that this is likely a scam 8,9. This discussion highlights the importance of understanding how decentralized protocols work and the need to be vigilant against potential scams.

Posted 7 months ago

Last reply 4 months ago

Summary updated 2 months ago

Last updated 09/12 13:52