Aave considers integrating Chainlink SVR service

According to a proposal in the Aave governance forum, Aave is considering integrating a new Chainlink Oracle Machine - Smart Value Recycler (SVR), which aims to redistribute the profits from front running trades to DeFi users. Chainlink's Smart Value Recovery (SVR) is an Oracle Machine service specifically designed to capture profits from Maximum Extractable Value (MEV) to benefit DeFi protocols. Aave estimates that SVR can capture approximately 40% of MEV profits, which can then be redistributed to the Aave DAO for the benefit of users.

View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Share
Comment
0/400
No comments
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate app
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)