Smartmoney_Detective
@NaveenCypto
Eternal Learner of Crypto and other things in life . I Promote what I buy , nothing else . I Bet on Strong Fundamentals . Bet on great teams .
参加 January 2018
2.2K フォロー中 6.8K ファン
Lesson here .
Only trade on high trust perps .
Not on any new perp , that are coming on daily basis.
Some people said Ostium > Hyperliquid.
But this is how they’re choosing to handle the exploit they went through.
1. There’s still no concrete recovery plan for LPs, and that’s the part that matters most. No numbers, no percentage, no timeline. So what happens to the people whose LP funds are gone? Zero certainty.
2. Trader positions will be liquidated if they’re at liquidation price when trading resumes. This is the most brutal part. Traders won’t get a chance to adjust their positions to avoid liquidation.
Can we even call OstiumLiquidate now?
3. Most likely they won’t cover 100% of the losses. Instead, it hangs on their partners showing up.
OstiumLiquidate!
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