Aave is considering integrating Chainlink SVR services
According to a proposal in the Aave governance forum, Aave is considering integrating a new Chainlink oracle - Smart Value Recovery (SVR), aimed at redistributing profits from front-running transactions back to DeFi users. Chainlink's Smart Value Recovery (SVR) is an oracle service specifically designed to extract profits from Maximum Extractable Value (MEV) for the benefit of DeFi protocols. Aave estimates that SVR can capture about 40% of MEV profits, which can be redistributed to the Aave DAO, benefiting its users.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Meteora executive suggests using "Kuaishoubi" as the Chinese name for Solana
NEAR Foundation announces five executive appointments to help NEAR promote privacy-focused AI-native products
James Wynn closes HYPE position and opens a 25x leveraged ETH long position
Decentralized exchange platform ANT.FUN announces completion of B1 round financing
Trending news
MoreCrypto prices
More
