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via The Block · By The Block Editorial

New Aave risk framework proposed following KelpDAO exploit

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The Block Editorial
(03:08 PM UTC)
1 min read
MR
Reviewed byMichael Roberts
652 views
0 comments

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…

COINOTAG does not provide financial advisory services. This content is for informational purposes only and should not be considered investment advice. Cryptocurrency investments involve high risk.

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The Block Editorial · The Block

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