Honestly, I used to be pretty indifferent to the issue of "oracle price feeding" until a couple of days ago when I saw someone in the group say to wait for confirmation and not to move positions yet... I only then realized: if the price feeding is delayed, the price you see and the price the protocol recognizes might not be the same thing. You think it's still safe, but the liquidation threshold might have already been exposed on the chain; or conversely, suddenly an abnormal quote drops in, and the position is immediately considered "liquidatable," with no time to react.



The recent cross-chain bridge hack also made me even less willing to move too many assets around. Anyway, my current approach is: keep leverage as low as possible, leave some buffer, and plan my budget on paper... I’m not sure if this is the most optimal, but at least I can sleep more peacefully.
View Original
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
  • Pinned