Coin.World reports that CoW DAO has responded to the incident where "a certain whale suffered approximately $50.39 million in losses due to excessive slippage when swapping aEthAAVE," stating: "No DEX, DEX aggregator, public liquidity pool, or private liquidity pool (or any combination thereof) could have completed this transaction at a reasonably close price. However, blocking users from conducting transactions would deprive them of their choice, which in certain circumstances (such as market crashes) could lead to extremely severe consequences. Such transactions indicate that the DeFi user experience has not yet reached the level needed to protect all users. The team is currently researching how to strike a balance between strong security safeguards and maintaining user autonomy. We will also refund any fees paid to CoW DAO resulting from this transaction."

COW-0,66%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pin