According to Odaily Planet Daily, Schlag, a member of the yearn community, posted on the X platform that Stream's losses were due to high leverage, directional trading, and a lack of transparency in fund usage. He emphasized that DeFi projects should focus on standardization and information disclosure, and that vault operations should not only pursue returns but also strengthen risk management.
In response, Aave founder Stani.eth retweeted and commented that the immutable oracle price feed and interest rate curve mechanisms mentioned in the article are "highly alarming," and that this combination of designs could potentially be disastrous for lending protocols. He pointed out that some asset managers, in pursuit of competitive advantage, have taken on excessive risk, further amplifying the industry's hidden dangers.
Stani stated that building a secure and robust DeFi system is inherently challenging, currently not only because investors lack sufficient due diligence, but also because of insufficient risk awareness at the protocol integration level. He called on the industry to work together to improve transparency and prudent management, and jointly build a safer and more sustainable decentralized finance ecosystem.
