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Earn commissions on recommended product sales ✌️【Long-term Investment】✌️₹500 is all it takes for safe, high-yield returns every month. Start now!Decentralized finance (DeFi) has grown significantly and has become an integral part of the global crypto markets.

However, its continued growth heavily depends on how secure the technology is against attacks.

Earn commissions on recommended product sales ✌️【Long-term Investment】✌️₹500 is all it takes for safe, high-yield returns every month. Start now!According to data fromDefiLlama, over $5 billion in the total value of assets has been lost in DeFi protocols to date.

Earn commissions on recommended product sales ✌️【Long-term Investment】✌️Start investing now with ₹500 and grow your wealth with AI-driven smart choices.To remedy this situation, the Ethereum community has come up with a new token standard called ERC-7265.In this guide, we will explain the ERC-7265 token standard and the role it plays in DeFi risk mitigation.The ERC-7265 proposes adding a “circuit breaker” mechanism to DeFi protocols to stop the transfer of tokens in the event of a hack.Re-entrancy attacks, logic errors, and manipulation of oracles can cause these hacks.

Earn commissions on recommended product sales ✌️【Long-term Investment】✌️Invest ₹500 and see your money grow with fast, reliable returns!The circuit breaker would operate on a smart contract interface and be independent of the underlying protocol structure.

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For developers working on ERC-compliant protocols, the ERC-7265 offers the flexibility to customize the circuit-breaking mechanism to a protocol’s specific needs.The circuit breaker is customizable in one of two ways.

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