Seeing oracle delay cause trouble for the third time, I can't help but rant a bit.



Put simply, liquidation bots are faster than you scrolling through short videos. When the price feed lags for just a few seconds, a healthy position turns into 'ready for slaughter'. Since that cross-chain bridge incident last time, now whenever I see a price anomaly, I freeze first — wait for confirmation? By the time you confirm, others have already fled.

Anyway, I've learned my lesson now. When on high leverage, I don't even eat snacks, staring at the on-chain price feed with my heart beating faster than the market itself. Latency is something you don't feel normally, but when it hits, it's 'where did my funds go?'.

That's it for now, going to open a bag of chips to calm down.
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