Lens founder commented on the Curve incident: DeFi empowers the public with access to information, but it is also susceptible to misinformation.
2023-07-31 11:10
Odaily News Lens Protocol founder Stani commented on the Curve incident: "Although DeFi is open to everyone, it is difficult and risky to build a resilient DeFi system. In the Curve incident, they did a great job at the protocol level, but the issue with Vyper compilation resulted in DeFi risks affecting the entire system, including the underlying stack and EVM. The damage caused by this incident is limited, and the Curve community was able to handle it. Many attacks were preemptive, but MEV bots also returned some of the funds from the attack to Curve. The most important point is that DeFi empowers the public with information transparency, but it is also susceptible to misinformation, causing unnecessary panic about loss amounts and impacted protocols." Stani concluded by stating that the community needs to find the right way to share accurate information and reduce any unnecessary FUD (Fear, Uncertainty, and Doubt).
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