Chainlink introduced a new Smart Value Recapture (SVR) system for DeFi applications to reclaim a portion of lost value from liquidations. 🤖

SVR allows DeFi protocols to recover up to 40% of the value previously lost to third parties. In partnership with Aave, the first six months will see a split of 65% for protocols and 35% for Chainlink.

In light of the news, the LINK token rose by 9%, while AAVE increased by 15%, showing a positive market reaction. 📈