According to Mars Finance, Curve founder Michael Egorov stated that many recent avoidable security incidents in DeFi stem from centralized single points of failure, which are harming the entire industry. He cited the Aave and rsETH incidents as examples, arguing that such problems should be prevented before incidents occur, rather than remedied afterward. He called for the industry to jointly develop DeFi security standards to reduce single points of failure and for projects, auditing firms, and risk assessment teams to share best practices. He also suggested that the Ethereum Foundation and the Solana Foundation coordinate ecosystem participation in developing security principles and rules.
The founder of Curve called for the establishment of DeFi security standards to reduce hacker attacks caused by centralized single points of failure.
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