Related: Multichain victims search for answers in $1.5B exploit as new evidence emerges Aave’s fees by chain. Source: DefiLlama Citing bridge vulnerabilities, Zeller said this move would ...
Bridge vulnerabilities have been a popular target for DeFi exploits, accounting for over half of all attacks onchain between 2021 and 2022. Polygon’s bridge liquidity proposal Behind Aave’s ...
The Aave community is caught between a rock and a hard place after contributor group Aave Chan advocated withholding lending services from Polygon’s poS chain. This is in response to another Polygon ...
This is in response to another Polygon community request to use over $1 billion in bridge assets for yield generation. Marc Zeller, founder of Aave Chan, proposed slowing down Aave’s lending ...
Aave governance delegate Marc Zeller has aired concerns over the future of the decentralized finance (DeFi) lending platform on Polygon in the wake of a controversial proposal to use funds locked in ...
The Aave community received a proposal from the contributor group Aave Chan to withdraw its lending services from Polygon’s PoS chain. This was in response to another proposal by the Polygon community ...
Aave’s Position on Polygon Under Scrutiny as Bridge Proposal Sparks Security Debates Aave, the largest decentralized finance protocol on Polygon with $467 million in total value locked, faces ...
According to Kulechov, the suggested Polygon Improvement Proposal posed an unacceptable safety risk to Aave, as bridge exploits have led to some of the most catastrophic financial losses in ...
Stani Kulechov, Aave’s founder and CEO, refuted the claims and stressed the decision was to protect user security. My thoughts on the Polygon bridge funds investment proposal: 1. The Polygon team ...
Finbold covered Polygon-Aave drama last week, as POL’s price reacted negatively to Aave’s (AAVE) response to the $1 billion-bridge proposal. At that time, Polygon was trading at $0.594, down 38.65% ...