In August 2020 YFI was briefly priced at over $180,000 due to a flash loan on a low-liquidity DEX and the oracle fed that spike into lending markets which meant liquidations followed.
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FOMOSapien
· 06-28 12:20
Once you play, you'll understand. Buy the dip, suckers are all wiped out.
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DevChive
· 06-27 21:55
There are experts playing arbitrage here.
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Endure
· 06-27 21:53
Bull Run 🐂
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TokenomicsTrapper
· 06-27 21:47
lmao oracles been weaponized since day1... called this ages ago
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ImpermanentSage
· 06-27 21:45
Completely messed up, Cut Loss is so tragic.
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ForeverBuyingDips
· 06-27 21:39
It seems I've hit another mine.
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MevTears
· 06-27 21:37
Who says it isn't? It's just like a robot army seizing treasure.
Most protocols assume oracles are objective.
I disagree. Oracles are economic battlegrounds.
In August 2020 YFI was briefly priced at over $180,000 due to a flash loan on a low-liquidity DEX and the oracle fed that spike into lending markets which meant liquidations followed.