Aave Founder: Immutable Oracles and Interest Rate Mechanisms Bring Potential Disasters to Lending Protocols, Asset Managers' Conflicts of Interest Intensify Industry Risks

[Aave Founder: Immutable Oracles and Interest Rate Mechanisms Pose Potential Disasters for Lending Protocols, Conflicts of Interest among Asset Managers Intensify Industry Risks] Yearn community member Schlag posted on platform X, stating that the losses from Stream are due to high Margin Trading, directional trading, and concealment of user fund usage. Therefore, DeFi projects need standardization and transparency. Strict due diligence should be conducted, and Vault operations should not solely pursue profits, but also emphasize risk control. Leverage is a double-edged sword, amplifying both returns and risks. Users need to follow the flow of funds and choose projects with transparency. In response to this comment, Aave founder Stani.eth stated, “There is a lot to analyze here, especially regarding the issues accompanying immutable Oracle Machine price feeds, Interest Rate curves, and parameters; this perspective is very insightful. For lending protocols, this (design) combination is undoubtedly a 'bad solution'; I hope the relevant parties can realize this in time to avoid it being too late.” In addition, it points out the conflict of interest issues that asset managers face – they take on excessive risks in order to compete. Building a secure Decentralized Finance (DeFi) system is inherently challenging, and currently, not only do ordinary investors lack sufficient due diligence, but there are also similar issues at the integration level of the protocol. Let us work together to build a more完善的 decentralized finance (DeFi) ecosystem.