According to ChainCatcher, Vitalik Buterin replied to a post by Stani Kulechov, the founder and CEO of Aave, saying: "Congratulations on controlling the hacker losses so low! Based on a quick robot check, Aave's loss level is 50 times lower than the DeFi industry average and 250 times lower than centralized exchanges (actual annualized return of -0.01%, expected annualized return of -0.53%, expected annualized return of -2.75%). Given the recent macroeconomic and financial market instability, I believe you (and DeFi as a whole) are quite competitive in terms of tail risk in the fiat domain."
Vitalik: Aave's loss level is 50 times lower than the DeFi industry average and 250 times lower than CEX
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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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