Chainlink has announced a groundbreaking oracle solution, Smart Value Recapture (SVR), aimed at enabling DeFi applications to reclaim non-toxic Maximal Extractable Value (MEV). Traditionally, value from DeFi liquidations is captured by third parties, but SVR allows DeFi protocols to recapture approximately 40% of this value. Developed in collaboration with Aave and Flashbots, SVR will split the recaptured value between DeFi protocols and Chainlink, with a special 65:35 split for Aave initially. This development is seen as a significant economic opportunity, boosting Chainlink's native token, LINK, by 9% and AAVE by 15%.
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