Compound Founder claims ‘adverse market conditions’ caused DAI liquidation

Thanksgiving was an eventful day in terms of the overall market movement, as Bitcoin dropped to $16k levels, witnessing its largest single-day drop since March 12, 2020. Over $1.3 billion was liquidated from exchanges, however, amidst this selloff, DeFi saw its own share of liquidation as DAI prices on Coinbase Pro escalated rapidly, leading to […]

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Compound Founder claims ‘adverse market conditions’ caused DAI liquidation written by Samyuktha Sriram @ https://eng.ambcrypto.com/compound-founder-claims-adverse-market-conditions-caused-dai-liquidation/ November 27, 2020 Samyuktha Sriram

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