Although the decentralized lending protocol’s data is inherently on-chain, introducing Chainlink’s PoR would help mitigate the risk of attacks on the Aave protocol.
Community members voted Monday to freeze 17 assets in the Ethereum liquidity pool to lower risk within the DeFi protocol ahead of upgrading the network to its third version.
A trader identified as Avraham Eisenberg, who became infamous for his “very profitable trading strategy” of exploiting $114 million from Mango Markets, borrowed tens of millions of Curve DAO tokens and sent them to an exchange – but his position appears to have gotten liquidated.
In the wake of the downfall of Sam Bankman-Fried’s FTX exchange, crypto traders are increasingly turning toward decentralized-finance (DeFi) protocols – as Ethereum tokens flow off big centralized crypto exchanges like Binance and OKX.
The decision will let developers evaluate whether to fully deploy its decentralized exchange on the layer 2 scaling platform that speeds up Ethereum transactions.