Chainlink introduces a new solution called Smart Value Recapture (SVR) to recapture “non-toxic” Maximal Extractable Value (MEV) in DeFi. 🎉

- SVR allows DeFi protocols to recapture value from liquidations that would normally be lost to third parties. Chainlink expects to recapture around 40% of that value.

- In collaboration with Aave, the value split will be 65% for DeFi protocols and 35% for Chainlink for the first six months.

- LINK token surged 9% following the announcement, while AAVE gained over 15%.

What do you think about this development? Let’s discuss in the comments!