Michael Egorov, founder of Curve, has highlighted the need for improved security standards in the DeFi sector to prevent avoidable incidents caused by centralized single points of failure. Citing recent issues with Aave and rsETH, Egorov emphasized that these problems should be addressed proactively rather than reactively. He urged the industry to establish DeFi security standards to minimize such vulnerabilities and encouraged collaboration among project teams, auditing firms, and risk assessment groups to share best practices. Egorov also suggested that the Ethereum Foundation and Solana Foundation could coordinate efforts to develop security principles and guidelines for the ecosystem.
Curve Founder Calls for DeFi Security Standards to Prevent Centralized Failures
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