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Aave integrates Chainlink SVR on Ethereum to boost DeFi

Aave is deploying Chainlink’s SVR to recover Oracle-related MEV lost in liquidation events. The integration supports cross-chain payments and converts service fees into LINK cryptocurrency.

In the first six months, the recaptured value will be split 65% for Aave and 35% for Chainlink. This setup aims to benefit the ecosystems generating the value.

Experts emphasize the Aave-Chainlink collaboration’s significance in enhancing DeFi financial security while optimizing liquidation algorithms.

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