Vitalik wants DeFi price crashes to stop triggering automatic liquidations

CryptoSlate3h agoUpdated 2h ago
Vitalik wants DeFi price crashes to stop triggering automatic liquidations
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Vitalik Buterin is challenging one of DeFi's most familiar safety mechanisms: the automatic liquidation that closes a debt-backed position when collateral falls below the required backing for the loan. In a June 1 Ethereum Research post, Buterin proposed building synthetic, index-tracking assets on top of options, with collateralized debt removed from the ba...

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