Aave launches ‘Aave Shield’ following $50M token swap loss: Aave
Aave is rolling out a new protective feature called ‘Aave Shield’ after a trader lost $50 million swapping USDT for AAVE due to illiquid market conditions. Aave announced the launch of ‘Aave Shield,’ a new protective measure, following a $50 million loss suffered by a trader during a token swap. In a post-mortem analysis, Aave…