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via The Block · By The Block Editorial

New Aave risk framework proposed following KelpDAO exploit

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TB
The Block Editorial
(03:08 PM UTC)
1 min read
MR
Reviewed byMichael Roberts

Aave founder Stani Kulechov said Tuesday that a new risk framework has been proposed for the protocol, aiming to prevent repeats of the $290 million KelpDAO rsETH bridge exploit in April.

"Over the past several weeks, Aave has been developing a new risk framework that includes asset risk, bridging risk, chain risk, and advanced automation capabilities for risk management," Kulechov said in a…

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The Block Editorial · The Block

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