The Aave DAO has voted to introduce Chainlink’s Proof-of-Reserves to bolster security for bridged assets on its Avalanche implementation. camlearnscrypto reports
exploits totalling over $800 million due to breaches on their token-bridges.
“The focus is more on automatically detecting and acting whenever any symptom of security issues on a bridge appears,” said Ernesto Boado, the former CTO at Aave and co-founder Bored Ghost Developing, which wrote the proposal. “We think that obviously, transparency goes first, in this case, our development goes a step further.”
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