Cryptocurrency News & Discussion

The original post: /r/cryptocurrency by /u/OhWiseWizard on 2024-12-24 23:39:14.

https://blog.chain.link/chainlink-smart-value-recapture-svr/

tl;dr is Chainlink has developed a way to deliver a large % of MEV lost from liquidations and is now offering that as a service to DeFi protocols.

Aave currently in governance proposal (which they'll most definitely pass since they pass all things Chainlink related) to adopt which will help them net 8 figures back to the protocol. Chainlink will take 40% of the recaptured MEV in fees: https://governance.aave.com/t/temp-check-aave-chainlink-svr-v1-integration/20378