A decentralized finance (DeFi) “circuit breaker” might stop billions of {dollars} price of cryptocurrencies from being stolen from DeFi protocols in 2022, in response to the developer of a newly introduced ERC-7265 proposal.
A brand new Request for Remark (ERC) was revealed on GitHub on July third. In it, lead developer Diyahir Campos proposed a DeFi “chain breaker” normal. Mainly, it goals to ascertain a sensible contract normal that may cease the suspiciously giant stream of tokens from the DeFi protocol.
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