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The discussion focused on addressing the Harmony bridge exploit and AAVE's frozen market issue, with a proposal to liquidate all debts versus collateral, seek compensation from Harmony ONE leaders and AAVE's funds, and potentially retire the AAVE protocol on the Harmony chain. The need for a standardized proposal format for better community understanding and engagement was also emphasized.
The discussion primarily revolved around the Harmony bridge exploit and the frozen market issue on AAVE. P5555A put forth a comprehensive solution to tackle these issues. The proposal entailed creating a snapshot of the current state and proceeding with the liquidation of all debts versus collateral. It was suggested that Harmony ONE leaders should be approached to cover half of the resulting balance, with the remaining difference compensated from AAVE's own funds. The proposal also included a provision for opening withdrawals for a certain period. An optional suggestion was to retire the AAVE protocol on the Harmony chain after this period.
However, EzR3aL raised a valid point about the need for a specific template for such proposals. This would ensure that the community can better understand the proposal and provide effective help. The discussion thus highlighted the importance of structured communication for effective problem-solving. The outcome of the discussion was a clear understanding of the proposed solution and the need for a standardized proposal format for better community engagement.
Posted a year ago
Last reply a year ago
Summary updated 2 months ago
Last updated 06/12 00:43