Dan Elitzer

They have a more secure, they had a two of two.

They just announced they've updated it to, I think, a four of four when they turned it back on.

But they also had rate limits, essentially.

I think it was like 10 million per hour as the max that could be moved via layer zero across chains.

So there are different things that you can do, rate limits, circuit breakers that say, we are going to assume at some point any of our trust assumptions can break, right?

And so if you build your system with the assumption that any individual component can break, and ideally that like maybe two different components, three different, however many components break, that you still can limit the damage, right?

I think everybody has to assume

both in the crypto ecosystem or generally, you are going to get hacked at some point.

Some level of your personal security, your infrastructure is going to get exploited at some point.

And you need to have a plan for what to do when it happens and to limit the damage that can be created in that event.

And I think too many teams have been like, we're just going to do everything we can to stop anything bad from happening.

Guess what?

You can't.

Something bad is going to happen, and you need to make sure that you've eliminated the damage that will occur when that happens.

Yeah, so right now the answer is like you largely don't.

I think Fluid came up with an interesting way to allow people to kind of like swap out and exit by trading their AWETH for the different backing.

I think they've got WEETH and some other stuff in there.

The way that I think this is going to get resolved is that there will be some deal cut, some capital injection coming in.

I think Aave does have the ability to recapitalize here.

The Aave token, while it is taking a hit, is still quite valuable.