Because MakerDAO uses the Oracle Security Module, the net positions of two whales up to $84.4 million have not been liquidated yet

PANews reported on March 30 that according to monitoring by @ai_9684xtpa, the net positions of two Maker whales with a total of US$84.4 million were facing liquidation risk. However, when ETH fell to US$1,786, the Maker whale positions were not liquidated because MakerDAO uses the Oracle Security Module (OSM). Even if the market price falls below these liquidation points, its actual system price is still delayed in updating.

The system collects data from multiple authorized price feeders, calculates the median as a reference price through the Medianizer contract, and applies it after a delay of about 1 hour to prevent short-term fluctuations from being exploited. The current system price of MakerDAO is $1,831.25, which is still some distance away from the liquidation price of the two addresses.

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Author: PA一线

This content is for informational purposes only and does not constitute investment advice.

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