Smart contracts and governance is the best protection against any risks in DeFIOffchain components have a lot of unforeseen vectors of attack

CN
23 minutes ago

Smart contracts and governance is the best protection against any risks in DeFI

Offchain components have a lot of unforeseen vectors of attack. In this case, our systems worked perfectly fine but issue came from a loophole in external infra.

Anyway, I am kinda excited about this hack - it proves that separation is clean, protocol and users couldn’t be unaffected, our systems had no issues and there is a room for improvement eg reducing dependencies on external components


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