Aave to launch 'Aave Shield' after $50M token swap mishap

Decentralized finance protocol Aave said it is introducing a new feature to block swaps with a price impact above 25% after a user lost $50 million in a trade while interacting with Aave’s interfac...

By · · 1 min read
Aave to launch 'Aave Shield' after $50M token swap mishap

Source: cryptonews.net

Decentralized finance protocol Aave said it is introducing a new feature to block swaps with a price impact above 25% after a user lost $50 million in a trade while interacting with Aave’s interface last week.“We are soon deploying a new feature, Aave ...