Important context here that's being missed in a lot of the takes. This was not a malicious transaction. The user was warned of risks and high slippage. There was a confirmation checkbox. They proceeded knowingly on mobile. Calling this a "malicious transaction" is just wrong. CoW Swap worked as designed. The risk disclosure worked as designed. The user made a choice, and that comes with the freedom of defi. That doesn't mean we can't do better. We can and should. Clearer friction for outsized trades. Better mobile UX for high-stakes confirmations. Smarter guardrails that don't compromise permissionlessness. Let's also be precise about what actually happened. Misdiagnosing the problem guarantees we build the wrong solution. The real issue isn't blind signing. It's that $50M decisions deserve better education infrastructure around them.

Stani.eth
@StaniKulechov
03-13
Earlier today, a user attempted to buy AAVE using $50M USDT through the Aave interface.
Given the unusually large size of the single order, the Aave interface, like most trading interfaces, warned the user about extraordinary slippage and required confirmation via a checkbox.
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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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