On Nov. 23, one day after Mango Markets’ exploiter Avraham Eisenberg attempted to use a series of sophisticated short sales to exploit decentralized finance protocol Aave, project contributors put forth a series of proposals to deal with the aftermath. As told by protocol engineering developer Llama and financial modeling platform Gauntlet, both of whom are deployed on Aave. Llama wrote that the user had been liquidated but at the cost of $1.6 million in bad debt, likely due to slippage. “Thi...
