A possible set of solutions is: - temporarily reduce max leverage on the pairs without changing the min margin required (to avoid causing liquidations to existing positions that used old requirements) - haircut the collateral USD value on riskier collateral (BTC=0, ETH=20%,...)https://twitter.com/lawmaster/status/1206090023180931073 …
-
I read the comments in thread.. at least 2 of those tokens had 100% of the available margin taken up so new people trying to short just couldn't. Thats definitely happened on bitfinex before.
We never stopped shorting I believe. But recently we added a dynamic haircut system on different types of collateral/currencies. This is pretty much standard in traditional exchanges.
-
-
bfx hasnt stopped shorting but theres been times where theres been no collaterial available both in position and not in position.... including on LTC circa 2015
-
Ohhh I remember the LTC issue, and reporting it, etc
- Show replies
New conversation -
Loading seems to be taking a while.
Twitter may be over capacity or experiencing a momentary hiccup. Try again or visit Twitter Status for more information.