Conversation

CyberHoward |

Comsoverse & HackWasm

@TheCyberHoward

Dec 12, 2021

Apparently even Do is unaware of the oracle issues. I don't like the ignorance, so i'm calling it out.

Quote Tweet

Do Kwon

@stablekwon

· Dec 12, 2021

Replying to @DefiDegenApe

Its called an arb - arbs make markets more efficient You should do it too! And a stack that size in a deca billion network is more of a herring (red) than a whale ;)

100

Replying to

and

Interesting - onchain oracle pricing has indeed been v volatile Tell you what - why don’t you have @WhiteWhaleTerra capitalize on this over the next few days? Don’t think you will be able to close the arb at scale Understood “scale” is subjective

6:52 AM · Dec 12, 2021Twitter for iPhone

Replying to

and

Atlast Do noticed … now confident will be resolved asap..

Do Kwon

@stablekwon

Dec 12, 2021

Might be worthwhile to add another circuit breaker to the ref oracle feeder

Show replies

Replying to

and

All I’m saying is, don’t freak out over a mil in arb - a lot of money for one person, dust to the eco Most importantly, and I cannot stress this enough - dont tag me for 1M.

Broland

@thebryanroland

Dec 12, 2021

Okay.. What about the $37M that was liquidated due to the oracle volatility?

Quote Tweet

Anchor Protocol

@anchor_protocol

· Dec 10, 2021

2/ The inaccurate price reported by the Anchor Oracle Price Feeder caused erroneous liquidations for 239 users who had open borrow positions below the max LTV of 60%. In total, ~690,727.489 bLUNA (~$37.249M total discounted value) were liquidated.

Show this thread