Because MakerDAO uses the Oracle Security Module, the net positions of two whales up to $84.4 million have not been liquidated yet
03-30 14:07
Odaily News According to Ai Yi, an on-chain analyst, the net positions of two Maker whales with a total of $84.4 million are at risk of liquidation. However, when ETH fell to $1,786, the positions of the Maker whales 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 delays it for about 1 hour before applying it to prevent short-term fluctuations from being exploited. The current system price of MakerDAO is $1,831.25, which is still a certain distance away from the liquidation price of the two addresses.
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