Vitalik wants DeFi price crashes to stop triggering automatic liquidations

Vitalik Buterin is challenging one of DeFi's most familiar safety mechanisms: the automatic liquidation that closes a debt-backed position when collateral falls below the required backing for the loan. In a June 1 Ethereum Research post, Buterin proposed building synthetic, index-tracking assets on top of options, with collateralized debt removed from the base design. The The post Vitalik wants DeFi price crashes to stop triggering automatic liquidations appeared first on CryptoSlate.