Aave DAO votes ‘rescue plan’ to deliver lost tokens Automatically returned to original owner

Some Aave users accidentally sent tokens to the wrong address. may be able to recover soon According to a proposal submitted by Aave decentralized autonomous organization (DAO) on March 10.

The offering, titled “Rescue Mission Phase 1 Long Executor,” willallowAave developers upgraded smart contracts that sent erroneous tokens in the past. And it makes it possible to automatically return lost tokens to their original owners.

This offer will affect AAVE , LEND , Tether , UNI and staked AAVE (stkAAVE) mistakenly sent to AAVE token contract, LEND token contract, LendtoAaveMigrator. or stAAVE token contract only

Loss of tokens due to accidental mistranslation to token contracts. It has become a common problem in the crypto community, as ChainSafe developer Muhammad Altabba noted.estimateThat there are hundreds of millions of dollars worth of tokens and Ether. Locked in Ethereum null address (0x0) and token contracts.

If the contract cannot be upgraded Tokens lost in this way often cannot be recovered forever.

refer : LINK
picture LINK

The post Aave DAO votes ‘rescue plan’ to deliver lost tokens Automatic return to original owner appeared first on Bitcoin Addict.


source site