Post
Topic
Board Altcoin Discussion
Re: Mistake Costs User $1.1 Million in AAVE
by
Clement Kaliyar
on 20/10/2020, 10:48:58 UTC
This keeps happening over and over again. A user of the decentralized finance platform AAVE mistakenly sent 28,050 AAVE tokens, worth approximately $1.1 million, to the token's contract address. There are now discussions about possibly restoring the user's funds.
This is not the first time i am hearing about these silly mistakes and since these are centralized platforms they can return the funds, so it is not a big deal, these centralized platform can always return these coins if the developers are pressurize, it is a good thing for anyone making these silly mistakes but what i do not understand is that why would anyone make these kind of silly mistakes which would cost them millions.