Kelp DAO was hacked, and AAVE was affected as collateral damage.


AAVE's protocol itself is secure, but it still resulted in a bad debt of 300 million USD.
The problem lies in risk control, so crypto has entered the next stage, where the advantages of traditional finance can be leveraged.
Crypto and traditional finance will eventually merge to create the next generation of financial systems.
AAVE-0.72%
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