A good outcome from last week markets is outlining few points of improvements to make @bitfinex even more scalable and resistant to increased volatility. We'll have them deployed this coming week.
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Replying to @paoloardoino @bitfinex
the liquidation feed is public but is there more transparency over the criteria by which a liquidated position is "acquired by system" these days?
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Replying to @austerity_sucks @bitfinex
We check 2 values: amount of the position and slippage in the book. If either one of the two is above thresholds (respectively 500k USD equiv and 2%, but can vary depending of compounds) the system avoids to liquidate in the market immediately and just acquires the position.
4:15 AM - 27 Feb 2021
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