Something cool on the risk side is happening on @0dotxyz right now: Context: - Currently, TNSR has a 2% price divergence between CEX prices and DEX prices (wow!) - TNSR is a collateral asset in the P0 market - Because of this price divergence, our pricing systems are failing borrow actions when users hold TNSR as a collat on P0 They're doing this because our systems deem TNSR temporarily too risky to be included in your health calculation and to take loans against. For active loans with TNSR as collat, the TNSR collat is now priced at the bottom of the current spread (minimizing platform risk!) Now -- there's a big opportunity to improve here, because we show users a generic error when they try a borrow action when holding TNSR (we're fixing this rn! aware of this!) But cool nonetheless. Systems like this have been in production for a while, but it's often important to show users what's going on behind the scenes and how we're keeping deposits safe. So for users in this...
Show original
4.77K
33
The content on this page is provided by third parties. Unless otherwise stated, OKX is not the author of the cited article(s) and does not claim any copyright in the materials. The content is provided for informational purposes only and does not represent the views of OKX. It is not intended to be an endorsement of any kind and should not be considered investment advice or a solicitation to buy or sell digital assets. To the extent generative AI is utilized to provide summaries or other information, such AI generated content may be inaccurate or inconsistent. Please read the linked article for more details and information. OKX is not responsible for content hosted on third party sites. Digital asset holdings, including stablecoins and NFTs, involve a high degree of risk and can fluctuate greatly. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition.