How Polygon Agglayer Held Through DeFi’s Worst Week Since FTX
Summary
Following a $292 million exploit of KelpDAO that triggered widespread DeFi instability, Polygon's Agglayer remained secure. While many bridges rely on trust-based committees that are susceptible to compromise, Agglayer uses zero-knowledge (ZK) proofs to verify cross-chain activity mathematically. Additionally, its pessimistic proof mechanism prevents unauthorized asset minting by enforcing strict, on-chain accounting, which blocked potential contagion during the market volatility.
(Source:BeInCrypto)