) pool. This resulted in the ETH price falling on the DEX, with the attacker selling their ETH for a profit.
As the DeFi ecosystem continues to grow, it is important to implement security measures that can help to protect users and their assets. Let us now look at the pros and cons of this proposal.The circuit breaker mechanism in ERC-7265 offers several benefits, including:As described above, the circuit breaker can help to mitigate risks and protect users from malicious attacks by pausing the transaction that breaches the thresholds.
Therefore, the adoption of ERC-7265 will be greatly influenced by the Ethereum community’s acceptance of it and the dedication of the core developers to integrating these upgrades into the network’s architecture.
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