Bamboo
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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.


Muslims living with Hindus = Problem. Muslims living with Buddhists = Problem. Muslims living with Christians = Problem. Muslims living with Jews = Problem. Muslims living with Sikhs = Problem Muslims living with Baha’is = Problem. Muslims living with Shintos = Problem. Muslims living with Atheists = Problem. Muslims living with Muslims = Big Problem. This led to: They’re not happy in Gaza. They’re not happy in Egypt. They’re not happy in Libya. They’re not happy in Morocco. They’re not happy in Iran. They’re not happy in Iraq. They’re not happy in Yemen. They’re not happy in Afghanistan. They’re not happy in Pakistan. They’re not happy in Syria. They’re not happy in Lebanon. They’re not happy in Nigeria. They’re not happy in Kenya. They’re not happy in Sudan. Where are they happy? They’re happy in Australia. They’re happy in England. They’re happy in Belgium. They’re happy in France. They’re happy in Italy. They’re happy in Germany. They’re happy in Sweden. They’re happy in the USA and Canada. They’re happy in Norway and India. They’re happy in almost every country that is not Islamic. Whom do they blame? Not Islam. Not their leadership. Not themselves. They blame the countries they are happy in. They want to change the countries they’re happy in to be like the countries they came from, where they were unhappy.




















