Solving the protocol risks during sell-cascade event

Understanding the sell-cascade event

DeFi lending solutions, & the role of Liquidators

Liquidators & Congested networks

Protocol risk amplifier — Listing illiquid coins

  1. Illiquid coins suffer the most value-loss during a sell cascade.
  2. They are difficult to liquidate.
  3. The demand for illiquid coins is seasonal.

Band-aid fix

Open’s solution

  1. Illiquid markets suffer the most value-loss against liquid markets.
  2. Total reliability on liquidators creates a single point of failure.
  3. Network congestion creates a liquidation-cascades, ergo high-slippages.
  1. Liquidations are processed by liquidators[default], and protocol[fail-safe, automated].
  2. Chain-switch oracle to navigate through network congestion issues.

Join the conversations

  1. Discord: hashstack.community
  2. Twitter: twitter.com/0xHashstack
  3. BUIDL with us: github.com/0xHashstack

We are hiring

  1. Frontend developer: ReactJs + Web3js/ethersJs/Moralis.
  2. Solidity engineer: Solidity + practical knowledge of EIP 2535.
  3. Product designer: 4+ years experience at a growth stage company with strong fundamentals, and good design sense.
  4. Backend developer: 4+ years professional experience building products serving 500,000+ users. Must be experienced with system design.
  5. Technical writer: If you can make sense of this post, avoid grammatical mistakes, and have at least 2+ years of experience, we are looking for you.

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Hashstack

Hashstack

15.4K Followers

A non-custodial money market protocol enabling secure under-collateralised loans on the blockchain. Website- https://hashstack.finance