[ad_1] <br><div><h2>Too Lengthy; Did not Learn</h2>AAVE v2, a lending platform on Ethereum, incurred unhealthy debt ensuing from a serious liquidation occasion involving a single person who had borrowed near $40M value of CRV tokens. AAVE withstood the exploit, and the hacker was left with almost $10m in losses. However, the protocol was left. with virtually $2m in unhealthy debt – debt that can not be recovered.<hr style="width:100%"/></div> <br>[ad_2] <br><a href="https://hackernoon.com/fixing-toxic-liquidation-spirals-in-defi">Source link </a>
Fixing Toxic Liquidation Spirals in Defi
[ad_1] Too Lengthy; Did not LearnAAVE v2, a lending platform on Ethereum, incurred unhealthy debt ensuing from a serious liquidation occasion involving a single person who had borrowed near $40M value of CRV tokens. AAVE withstood the exploit, and the hacker was left with almost $10m in losses. However, the protocol was left. with virtually $2m in unhealthy debt – debt that can not be recovered. [ad_2] Source link
