anedi.eth

LayerZero is the golden standard for cross chain interoperability BECAUSE of its high level of customizability. Unfortunately, this means application owners need to invest serious resources to match the security standard that the capital moving through our rails demands. At @USDT0_to this has been our main priority from day 1. Security IS the product. From our very first conversation, the @LayerZero_Core team made extremely clear to us what it would take to hit the security bar our infrastructure required. We did not launch into production until each of those steps was achieved. Our system pins libraries, runs our proprietary veto-powered DVN with invariance checks developed specifically for our threat vectors, and owns multiple other invaluable parts of the security stack to make sure we are ALWAYS owning our security stack from A to Z. My Co-Founder and CTO @0xKeno put together an overview of how we approach security at USDT0. You can find it below. We are the largest asset on the LayerZero network. We were fully unaffected by this incident because we built on top of the protocol responsibly. We did our homework well before this attack was on everyone’s mouth. Since then, USDT0 moved $4B across chains. We have been, and will keep on, safeguarding our user's funds to the highest security standards available in this industry. We are standing strong next to @PrimordialAA, @ryanzarick and the rest of the LayerZero team. Interoperability is hard. It is dangerous. It is constantly under attack by nation-state actors, with virtually unlimited resources. It’s like open heart surgery, every time something is changed. It is also absolutely needed in the future-economy we are all trying to build. The only way to avoid the next exploit is to understand the system deeply, invest resources in understanding the technology and build on a platform that lets applications own the vast majority of their building blocks. For us, this platform is LayerZero. We’ll keep building on top of LayerZero.

🚨 BREAKING: AAVE @aave governance post details the amount of bad debt it has under 2 scenarios: Scenario 1 (uniform socialization of rsETH) produces $123.7M in bad debt, concentrated on Ethereum Core (Aave deployment on Eth mainnet) in absolute size terms and most acute on Mantle in proportional terms. Scenario 2 (losses isolated to L2 rsETH) estimates $230.1M in bad debt, all on L2s. Mantle faces a 71.45% WETH shortfall and Arbitrum 26.67%; Ethereum Core is unaffected. "As of April 20, 2026, the DAO treasury holds $181 million in assets," the report said. "Which scenario materializes depends on decisions outside Aave's control, primarily how rsETH accounting and the LRTOracle exchange rate are updated," Aave said. governance.aave.com/t/rseth-incide…