The founder of Curve is issuing an important warning to the industry. Looking at recent issues with Aave and rsETH, it becomes clear how serious security vulnerabilities are in the DeFi sector. These are not just technical bugs but structural problems arising from centralized single points of failure.



Michael Egorov argues that to prevent such avoidable accidents, the entire industry needs to establish security standards. Currently, DeFi relies too much on reactive approaches that respond after problems occur. A proactive stance that minimizes vulnerabilities beforehand is required.

From the perspective of major protocols like Curve, it is essential for project teams, auditing firms, and risk assessment groups to collaborate and share best practices. If the entire industry adopts unified security principles, new projects and existing ones can be evaluated against the same standards.

Interestingly, Egorov has proposed coordinating efforts with the Ethereum Foundation and Solana Foundation to jointly develop security guidelines for the ecosystem. This is not just a suggestion but hints at a practical solution to the challenges faced by the entire industry. If major DeFi protocols, including Curve, adhere to such standards, user trust will significantly increase.
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