Oracle error adds to turmoil at DeFi giant Aave
Chaos Labs’ Correlated Asset Price Oracle pushed a faulty update yesterday, causing a 2.85% drop in the price of wstETH collateral.
Chaos Labs’ Correlated Asset Price Oracle pushed a faulty update yesterday, causing a 2.85% drop in the price of wstETH collateral.
DeFi’s largest protocol, has finally voted on the long-awaited Aave Will Win proposal from Aave Labs. Guess who won.
The latest in a string of Aave DAO disputes sees BGD Labs quit, citing Aave Labs’ behavior around v4 and centralization concerns.
Aave Labs’ latest proposal looks to be a step in the right direction after two months of debate. But the sums requested are considerable.
This week’s crypto market bloodbath has seen DeFi’s TVL drop to under $100B for the first time since May last year.