Earlier today, Chainlink wstETH/ETH price feed on Arbitrum reported an inaccurate value, resulting in the liquidation of 5 posit
02 Dec 2023, 18:11
Earlier today, Chainlink wstETH/ETH price feed on Arbitrum reported an inaccurate value, resulting in the liquidation of 5 positions.
Our friends at Chainlink are on it.
No bad debt accrued, Silo is performing as usual ✅
🧵
Same news in other sources
202 Dec 2023, 18:11
Luckily, Silo’s liquidator caught the liquidation before other liquidators and received the liquidation penalty.
We'll refund the penalty to impacted users. It is the least we can do for them.
Please reach out if you were impacted.
Luckily, Silo's liquidator caught the liquidation before other liquidators and received the liquidation penalty.
Luckily, Silo’s liquidator caught the liquidation before other liquidators and received the liquidation penalty.
We'll refund the penalty to impacted users. It is the least we can do for them.
Please reach out if you were impacted.
02 Dec 2023, 18:11
- No systemic risk - oracle error was contained in one isolated market ✅
- Silo’s contracts performed as expected ✅
- No systemic risk - oracle error was contained in one isolated market. - Silo's contracts performed as expected.
- No systemic risk - oracle error was contained in one isolated market ✅
- Silo’s contracts performed as expected ✅