Tron founder Justin Sun has pulled a significant amount of crypto assets from the pools of DeFi protocol Aave. Sun’s move comes after a discussion of the vulnerability between Aave and the Yearn ecosystem.
Sun has been found to have withdrawn billions of dollars worth of crypto assets from Aave’s loan pools. This came after the Cream Finance attack and the security vulnerability discussion between the Aave and Yearn community. While the Aave community claims that there is a vulnerability in the Yearn ecosystem products; Yearn ecosystem advocates said that the same security vulnerability exists in Aave and that they cannot claim that the project is more secure than Yearn. After this transaction, interest rates on the platform increased significantly.
Andre Cronje, one of Yearn’s core developers, continues to respond to criticism on the subject on his Twitter account. Cronje is also a Twitter user named banteg. “Maybe you shouldn’t denigrate other projects when you have an 11-digit vulnerability” RTed the tweet containing the expression.
After discussion, Aave admitted that there was a security vulnerability associated with using xSUSHI as collateral in Aave. But it’s unclear whether this is the vulnerability that Yearn’s developers are talking about.
After the discussion, Aave founder Stani Kulechov tweeted about the issue: