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Aave suffered about $21M dollars in wrongful liquidations after an automated wstETH oracle cap update from Chaos Labs’ system underpriced collateral, briefly making healthy positions appear undercollateralized

Aave suffered about $21M dollars in wrongful liquidations after an automated wstETH oracle cap update from Chaos Labs’ system underpriced collateral, briefly making healthy positions appear undercollateralized
𝕏/@yieldsandmore •
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Tough day for some, but glad the team is already addressing it! 🛠️ This is how we build more resilient systems. 💪

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