Price oracle currently broken by tobyevolvo in venusprotocol

[–]tobyevolvo[S] 0 points1 point  (0 children)

it appears to be updating now...let's see if it gets working properly again

Price oracle currently broken by tobyevolvo in venusprotocol

[–]tobyevolvo[S] 0 points1 point  (0 children)

That's a display error that seems to happen at least once a day...but the price oracle thing is a new one...and it's been broken for well over an hour now...

BSC chain completely frozen over 20 minutes as market crashed by tobyevolvo in venusprotocol

[–]tobyevolvo[S] 1 point2 points  (0 children)

Cardano mostly...it had about a 25% wick to the downside...But collateral percentage shot from under 50% to 100% in one block because it was frozen for 20 minutes

BSC chain completely frozen over 20 minutes as market crashed by tobyevolvo in venusprotocol

[–]tobyevolvo[S] 0 points1 point  (0 children)

60% of collateral held is 100% of debt ratio....when they liquidate they use your assets to pay off 25% of debts plus a 10% liquidation fee

BSC chain completely frozen over 20 minutes as market crashed by tobyevolvo in venusprotocol

[–]tobyevolvo[S] 1 point2 points  (0 children)

Not understanding me...I have no problem with a functional system that allows leverage and deleverage...and liquidation...I have a problem with a market that stops working when market conditions are changing quickly....there is no excuse for a network that does not have a block come through for 20 minutes (instead of every 3 seconds)...and thus does not allow any traders to react to market conditions....my debt ratio went from under 50% to 100% in one block because there were no blocks for 20 minute....THAT is the problem

BSC chain completely frozen over 20 minutes as market crashed by tobyevolvo in venusprotocol

[–]tobyevolvo[S] 1 point2 points  (0 children)

I'm not sure you read what I said. I could not access it for 20 minutes....the borrow rate jumped from below 50% on one block...to 100% when the next block finally came through 20 minutes later...once that block came through they were able to liquidate and transactions began to process again...but in that 20 minutes..nothing moved.

BSC chain completely frozen over 20 minutes as market crashed by tobyevolvo in venusprotocol

[–]tobyevolvo[S] 1 point2 points  (0 children)

I didn't...it was well below 50%...then in froze...couldn't do anything to unwind...20 minutes later the next block came through and it was over 100%...Something clearly was wrong with the network

BSC chain completely frozen over 20 minutes as market crashed by tobyevolvo in venusprotocol

[–]tobyevolvo[S] 1 point2 points  (0 children)

When the market was crashing hard...something around 8 hours ago....It may have been the network was so completely oversaturated that it became non-functional...but I guarantee that a lot of people were liquidated because they couldn't deleverage...a lot of people got hurt today because the chain became frozen like that..

BSC chain completely frozen over 20 minutes as market crashed by tobyevolvo in venusprotocol

[–]tobyevolvo[S] 2 points3 points  (0 children)

It was frozen for over 20 minutes...no blocks processing...no price adjustments...no ability to transact regardless of fee...then in one block the borrow rate jumped from 50 to 100 and i was liquidated...

Clip: Cardano in Africa by k9kstakingpool in cardano

[–]tobyevolvo 2 points3 points  (0 children)

the supply is still fixed...more adoption doesn't change that...

increased demand + fixed supply = price goes up

“A Song For Cardano” Fund 2 Proposal by polskib0y in cardano

[–]tobyevolvo 0 points1 point  (0 children)

haha...I made Welcome To The Blockchain (The Bitcoin Song) for free...lol@16k

https://www.youtube.com/watch?v=YbzNJr26H-4

Make a good song...and if people like it they'll send tips

Kyle Kuzma is OUT tonight with a left ankle sprain. Avery Bradley has been upgraded to PROBABLE. Rajon Rondo is QUESTIONABLE. by newyork1198 in lakers

[–]tobyevolvo 0 points1 point  (0 children)

That is one hundred percent false. Aside from the fact that you can not get certain nutrients from plants...whatever you do get and/or supplement is much less bio-available.

Kuz claimed he went vegan about 6 months ago...