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Anchor Protocol Anchor Protocol
Chisha-M.

Admins - any update on the people who got liquidated

due to the faulty oracle?

Will they be compensated?

#anchor #cryptocurrency #english
0

10 ответов

16 просмотров
Chisha-M. Автор вопроса

This was a serious issue. I really hope it isn’t being swept under the rug…

0
06.01.2022
Chisha-M. Автор вопроса
What In The Houdini
What was the issue

Anchor was relying on a faulty oracle a couple months ago that momentarily reported LUNAs price $10-20 below the true market price. This caused a cascade of liquidations for people whose liquidation price was well below market price

0
06.01.2022
Chisha-M. Автор вопроса
What In The Houdini
Relying on a faulty oracle?

I’m not familiar enough with oracles to understand the details. Maybe it was a malfunction? The point it that the oracle fucked up, and even though it was momentary, it still caused $37,000,000 in liquidations

0
06.01.2022
What In The Houdini-
Chisha M.
I’m not familiar enough with oracles to understand...

Tbh I’ve never seen anyone refund for oracle fail except binance

0
06.01.2022
Chisha-M. Автор вопроса
What In The Houdini
Tbh I’ve never seen anyone refund for oracle fail ...

It was talked about a lot. Even DK had a long thread about it. I wish I could find it again… The reimbursement proposal was put to a vote but was dead in the water. It’s very disappointing. I lost 30% of my bag The worst part is no one acknowledges it anymore

0
06.01.2022
What In The Houdini-
Chisha M.
It was talked about a lot. Even DK had a long thre...

Yea I’m not sure. Seems like there would be a pretty hard time to figure out who was liquidated and not

0
06.01.2022
Perfect Legato-
Chisha M.
It was talked about a lot. Even DK had a long thre...

you gotta dyor before making ignorant statement. The original proposal was put up without discussion and it proposed to use the ozone fund. There's already a newer post on this from Anchor: https://forum.anchorprotocol.com/t/proposal-oracle-refund/1946?u=bitn8 ffs dyor

0
06.01.2022
Chisha-M. Автор вопроса
Perfect Legato
you gotta dyor before making ignorant statement. ...

Thank you very much! Sorry for my lack of understanding. I love Terra, but I’m still getting my Web 3.0 training wheels off haha (Which is why my original post was asking admins for a simple update) 😊

0
06.01.2022

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