📰 【Aave Fully Reforms Collateral and Listing Standards After KelpDAO Vulnerability Incident】

These people finally remember to fix their risk control logic. The issue with KelpDAO was right in front of them; the vulnerability was obvious, but they only thought of patching after someone had already pulled their pants down. Aave’s governance mechanism is a joke; they only hold a big meeting and vote after something goes wrong. The hardcoded liquidation thresholds and security modules in the code are as fragile as paper in front of attackers. Don’t talk to me about decentralized governance; the market only recognizes hardcore risk control parameters. $AAVE If you really want to be a DeFi central bank, first throw these after-the-fact processes into the trash. 👇👇👇👇👇