Chainlink has announced the launch of its Smart Value Recapture (SVR) solution, which aims to help decentralized finance (DeFi) protocols recapture maximal extractable value (MEV). The initial focus of the SVR is on DeFi lending protocols, allowing them to cut unnecessary third-party dependencies and remove the need for intermediary smart contract integrations. The SVR is live on testnet and the Chainlink team believes it can achieve a realistic recapture rate of around 40%. The Aave community is currently considering a governance proposal to integrate Chainlink SVR, which would provide additional revenue for Aave and support the economic sustainability of Chainlink oracles. Future improvements to the SVR include further decentralization, cross-chain capabilities, and gas efficiency.



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