Jun 9
Aave proposes new framework setting stricter standards after KelpDAO exploit
➤ Aave proposes a new, multi-layered risk framework to enhance asset listing and monitoring standards across its V3, V4, and Horizon protocols. ➤ The framework, prompted by the KelpDAO exploit, introduces stricter requirements for asset risk, bridge exposure, automated monitoring, and chain deployments. ➤ It aims to mitigate risks associated with collateral assets, bridge configurations, and off-chain infrastructure through continuous due diligence and faster defensive mechanisms.