The recent Aave incident has raised questions about the level of assistance and protection provided to web3 users. While user safety is crucial, some argue that too much focus on it can lead to false hope and bad decision-making.
Aave's automated market-making protocol mechanically executes trades based on user input, but it also means that users must understand how it works. If a user proposes a trade that exceeds the available assets in the AMM, they will likely lose money.
Experts argue that over-protection can lead to a culture of complacency among web3 users, who may rely too heavily on software and not take responsibility for their own actions. This can result in a lack of personal responsibility and a failure to acknowledge mistakes.
The article cites the cases of Celsius and FTX, which were both high-profile projects that promised unusually high yields but turned out to be scams. The authors argue that users who lost money in these incidents should take some blame for their actions, rather than relying solely on the platform's promises.