Moonwell says its proposed rate changes could cut monthly interest on bad debt from $338,785 to $50,273.

The change would only slow further interest accrual. It would not unlock USDC for suppliers, and no repayment schedule or reserve transfer has been confirmed.

https://cryptoslate.com/lending-protocol-offers-bad-debt-fix-while-trapped-depositors-face-missing-usdc-funds-and-zero-cash-access/

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