Chaos Labs had an incident with their risk parameter configurations. It's crazy that Chaos Labs has such a limited scope of responsbility, and yet, they can't even safely get it done. It's even crazier when you consider that "Chaos Labs bears zero financial responsibility for an incident caused by a constraint they introduced, in a system they operate, under a service agreement they are compensated for."-Prudential Labs DeFi needs to be powered by safe, decentralized infrastructure. Aave has a stellar track record in safety and reliability stemming from living by those core values.

CoinDesk
@CoinDesk
03-11
NEW: @Aave recorded roughly $27 million in liquidations over the past 24 hours after a temporary glitch in its CAPO risk oracle for $wstETH. Aave confirmed no impact to the protocol and Chaos Labs said affected users will be fully reimbursed.
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