🥷 Andre Cronje’s Flying Tulip introduces a TradFi-style circuit breaker to #DeFi lending, utilizing a programmatic module to rate-limit outflows. In cases of abnormal withdrawals, such as #smart contract exploits, oracle failures, or large position unwinds, the system automatically slows capital outflows and features a fail-open mechanism to ensure funds are not locked during a system failure. #crypto

post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pin