Mehmet Akif Demir

Earlier today, a user attempted to buy AAVE using $50M USDT through the Aave interface. Given the unusually large size of the single order, the Aave interface, like most trading interfaces, warned the user about extraordinary slippage and required confirmation via a checkbox. The user confirmed the warning on their mobile device and proceeded with the swap, accepting the high slippage, which ultimately resulted in receiving only 324 AAVE in return. The transaction could not be moved forward without the user explicitly accepting the risk through the confirmation checkbox. The CoW Swap routers functioned as intended, and the integration followed standard industry practices. However, while the user was able to proceed with the swap, the final outcome was clearly far from optimal. Events like this do occur in DeFi, but the scale of this transaction was significantly larger than what is typically seen in the space. We sympathize with the user and will try to make a contact with the user and we will return $600K in fees collected from the transaction. The key takeaway is that while DeFi should remain open and permissionless, allowing users to perform transactions freely, there are additional guardrails the industry can build to better protect users. Our team will be investigating ways to improve these safeguards going forward.

🚨 Side Quest Verification 🚨 1️⃣ As we approach TGE, this is your final chance to verify your Side Quest points. We’re reopening verification via War of Nova to help block bots and ensure fair $RCADE distribution. 2️⃣ How to Verify: If you haven’t verified via Hatchlings, complete Chapter 10 in War of Nova by Monday, June 23 at 9:00 AM PST. ➡️ Create a War of Nova account if needed, then link or log in with your Side Quest wallet and complete Chapter 10. 3️⃣ Secure Your $RCADE Rewards: Finish Chapter 10 and verify to qualify for the $RCADE Side Quest airdrop. Only verified users will be eligible; bots are not allowed. Don’t miss the deadline: June 23, 9:00 AM PST. 4️⃣ What Happens Next: If you've completed verification, congrats! You're in ✅ If you missed verification, new user registration is now closed to protect token fairness ahead of TGE 🚫 🔔 Stay tuned to Discord and turn socials notis ON for claim instructions.

Guild, commanders, and recruits, War of Nova Season 1 concludes this Tuesday 17th at 5pm PDT. Upon Season 1 concluding, $RCADE rewards will no longer accrue, but users will be able to continue playing and accruing Loyalty Points, your key to future War of Nova Season rewards ✨ The battle for the galaxy has only just begun; stay tuned, voyager, glory awaits.

Guild, commanders, and recruits, War of Nova Season 1 concludes this Tuesday 17th at 5pm PDT. Upon Season 1 concluding, $RCADE rewards will no longer accrue, but users will be able to continue playing and accruing Loyalty Points, your key to future War of Nova Season rewards ✨ The battle for the galaxy has only just begun; stay tuned, voyager, glory awaits.