Lend & Borrow WEMIX$ Liquidation Relief Measures. Official WEMIX site announcement :.
06 Aug 2024, 08:20
Lend & Borrow WEMIX$ Liquidation Relief Measures
Official WEMIX site announcement :
On July 30th, a sudden price drop in WEMIX$ led to the liquidation of positions in the WEMIX$-collateralized Lend & Borrow service.
Upon confirming the liquidations, the WEMIX Team temporarily suspended the Lend & Borrow service to conduct a thorough investigation and implement necessary measures. The service was fully restored on August 1st, and the WEMIX$ price has remained stable since.
Following our priority of stabilizing the service, a comprehensive review of the details has been conducted, and an update on the situation and subsequent actions is now being provided.
[Liquidation]
• Liquidations in lending services occur due to price fluctuations of collateral and loaned assets, serving as a critical function to protect deposited assets and maintain the stability of the lending service.
• The WEMIX.Fi Lend & Borrow service utilizes a liquidation system based on price oracles, similar to other lending services. This recent liquidation proceeded according to the predefined process. However, it was identified that the volatility of a small liquidity size of MLP significantly influenced the WEMIX$ price during the oracle’s validation process.
[Relief]
• Liquidations in lending services constitute a potential risk factor, and it is customary that no separate preservative measure is provided for liquidated collateral assets. Therefore, users must exercise diligent management of their debt ratios.
• However, considering the impact of the volatility of the small liquidity size of MLP on the WEMIX$ price during this liquidation, the WEMIX Team conducted a thorough review.
• Following extensive deliberation, it was concluded that this liquidation was an anomalous event rather than a requisite process for maintaining service stability. Therefore, it has been decided to preserve the losses incurred due to the liquidation.
The relief measures for the liquidation will be carried out as follows.
[Measures]
• Preserve the difference between the liquidated collateral value and the borrowed loan value
• Preserve the losses on liquidated collateral due to liquidation fees
• Preserve the Lend assets by having the foundation repay the bad debt arising from liquidation on behalf of the borrowers
The required preservation will be calculated after a detailed review of the liquidated WEMIX$ collateral loan positions and will be directly transferred to the affected wallets within a maximum of 7 business days.
※ Preservation procedures are scheduled for next week. Please refer to the sheet below for more details.
[Lend & Borrow] WEMIX$ Compensation Plan
The WEMIX Team remains steadfast in its commitment to enhancing the stability of the WEMIX$ service through initiatives such as the establishment of new MLPs.
Thank you.
[Link]
• WEMIX.Fi :
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1808 Aug 2024, 07:28
🟣MAP Protocol Integrates with TRON to Facilitate Enhanced Cross-Chain Interoperability
MAP Protocol is thrilled to unveil an integration with the TRON blockchain.
Details:
Read more here
MAP Protocol Integrates with TRON to Facilitate Enhanced Cross-Chain Interoperability.
🟣MAP Protocol Integrates with TRON to Facilitate Enhanced Cross-Chain Interoperability
MAP Protocol is thrilled to unveil an integration with the TRON blockchain.
Details: https://x.com/MapProtocol/status/1821442792805245173
Read more here
08 Aug 2024, 06:50
Hi ☃️ Snowman,
👉 ION Ecosystem
As we prepare for the Mainnet launch of the #ION ecosystem, we're excited to highlight the growing utility of our native coin, $ICE.
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Hi Snowman,. ION Ecosystem.
Hi ☃️ Snowman,
👉 ION Ecosystem
As we prepare for the Mainnet launch of the #ION ecosystem, we're excited to highlight the growing utility of our native coin, $ICE.
Beyond being the essential Gas for every transaction on #IONBlockchain, $ICE will play a critical role in powering the entire ecosystem. A strong and engaged community from day one will drive this utility even further, making $ICE indispensable.
But that's not all — $ICE is also deflationary, with its supply decreasing as more projects launch under the #ION umbrella. Plus, staking $ICE will unlock additional rewards, including tokens like #SUNWAVES, #CallFluent, and many more.
The future of $ICE is bright, and we’re just getting started!
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If you're ready to launch your project on a powerful and growing blockchain, apply to our Startup Program today.
Join us as we build the future of decentralized ecosystems!
All the best,
Ice Open Network Team
08 Aug 2024, 06:39
Three boxes, one treasure! 🏆💰
One of these boxes contains a prize pool of $1000 in $MYRIA to be shared among 10 winners!
How to participate:
1️⃣ Vote on which box you think the treasure is in.
2️⃣ Share this post on Twitter, follow @Myria on X.
3️⃣ Invite 3 friends to join the fun!
Get ready to unlock the treasure! 🗝 @everyone
Three boxes, one treasure. One of these boxes contains a prize pool of $1000 in $MYRIA to be shared among 10 winners.
Three boxes, one treasure! 🏆💰
One of these boxes contains a prize pool of $1000 in $MYRIA to be shared among 10 winners!
How to participate:
1️⃣ Vote on which box you think the treasure is in.
2️⃣ Share this post on Twitter, follow @Myria on X.
3️⃣ Invite 3 friends to join the fun!
Get ready to unlock the treasure! 🗝 @everyone
https://x.com/Myria/status/1821435724916457895
08 Aug 2024, 06:00
Hey Uquid!
Want to get FREE Uquid Points? See the tutorial below and complete missions on @uquidbot and watch your points stack up. It's like finding hidden treasure! 💰
Don't miss out, join the fun now!
Hey Uquid. Want to get FREE Uquid Points.
Hey Uquid!
Want to get FREE Uquid Points? See the tutorial below and complete missions on @uquidbot and watch your points stack up. It's like finding hidden treasure! 💰
Don't miss out, join the fun now!
08 Aug 2024, 02:47
telegram news 08 August 2024 02:47
https://x.com/RACA_3/status/1821373365090935108
07 Aug 2024, 22:39
Don't forget to join us for our monthly $TARA Dev Update for July 2024 on X #Spaces tomorrow!
📅 August 8, 2024
🕛 12pm UTC / 5am PST
Post your questions in our social, reply to this tweet, or show up and ask in person! See you there!
Don't forget to join us for our monthly $TARA Dev Update for July 2024 on X #Spaces tomorrow. August 8, 2024.
Don't forget to join us for our monthly $TARA Dev Update for July 2024 on X #Spaces tomorrow!
📅 August 8, 2024
🕛 12pm UTC / 5am PST
https://x.com/i/spaces/1yoJMybbYqXJQ
Post your questions in our social, reply to this tweet, or show up and ask in person! See you there!
07 Aug 2024, 21:37
telegram news 07 August 2024 21:37
https://x.com/dextoolsapp/status/1821162481357877547?s=46&t=Hmszsv4T1kuLf518_2wn4g
07 Aug 2024, 16:08
🚀Thanks to everyone that signed up to be the first round of participants for our Stader Evolution Group.🚀
We will be reaching out to applicants so far that signed up via Telegram username provided and added into a private group where they will be able to communicate, test, and provide feedback to our product team on future UI/UX designs.
Applications are still open for the 2nd round, sign up below! ⬇️
Thanks to everyone that signed up to be the first round of participants for our Stader Evolution Group.
🚀Thanks to everyone that signed up to be the first round of participants for our Stader Evolution Group.🚀
We will be reaching out to applicants so far that signed up via Telegram username provided and added into a private group where they will be able to communicate, test, and provide feedback to our product team on future UI/UX designs.
Applications are still open for the 2nd round, sign up below! ⬇️
https://forms.gle/cdc5we4pp578ULNn6
07 Aug 2024, 14:54
Don’t just keep holding your $SD!Get 15% rewards by delegating $SD to the SD Utility Pool,While contributing towards keeping Ethereum decentralized.🔗 — Stader Labs (@staderlabs) Aug 7, 2024
August 07, 2024 at 10:51AM
via Twitter
Don't just keep holding your $SD.
Don’t just keep holding your $SD!Get 15% rewards by delegating $SD to the SD Utility Pool,While contributing towards keeping Ethereum decentralized.🔗 https://t.co/p0RLVLJcuI https://t.co/b59KX5kyNw — Stader Labs (@staderlabs) Aug 7, 2024
August 07, 2024 at 10:51AM
via Twitter https://twitter.com/staderlabs https://twitter.com/staderlabs/status/1821197371386233338
07 Aug 2024, 14:46
How to use TEEs to: decentralize PBS further, improve CR, and do partial block building
@OanaDesu
repping MEV BooTEE at MEV-SBC
Watch the recorded Livestream at 6:11:00
X Post (For Reposting!)
How to use TEEs to: decentralize PBS further, improve CR, and do partial block building. @OanaDesu.
How to use TEEs to: decentralize PBS further, improve CR, and do partial block building
@OanaDesu
repping MEV BooTEE at MEV-SBC
Watch the recorded Livestream at 6:11:00
X Post (For Reposting!)
07 Aug 2024, 14:15
Community Update: New Vote on BUSD Proposal
We have launched a new vote to update the BUSD delisting plan. The revised proposal focuses on setting the Collateral Factor of BUSD to 0 and disabling BUSD supply/borrow functionality.
Voting Period: August 6th, 08:00 (UTC) to August 8th, 08:00 (UTC)
We encourage all community members to participate. Your input is essential to ensure a smooth transition and safeguard user interests.
Participate in the Vote
Thank you for your continued support!
Community Update: New Vote on BUSD Proposal. We have launched a new vote to update the BUSD delisting plan.
Community Update: New Vote on BUSD Proposal
We have launched a new vote to update the BUSD delisting plan. The revised proposal focuses on setting the Collateral Factor of BUSD to 0 and disabling BUSD supply/borrow functionality.
Voting Period: August 6th, 08:00 (UTC) to August 8th, 08:00 (UTC)
We encourage all community members to participate. Your input is essential to ensure a smooth transition and safeguard user interests.
Participate in the Vote
Thank you for your continued support!
07 Aug 2024, 14:14
Community Update: New Vote on BUSD Proposal
We have launched a new vote to update the BUSD delisting plan. The revised proposal focuses on setting the Collateral Factor of BUSD to 0 and disabling BUSD supply/borrow functionality.
Voting Period: August 6th, 08:00 (UTC) to August 8th, 08:00 (UTC)
We encourage all community members to participate. Your input is essential to ensure a smooth transition and safeguard user interests.
Participate in the Vote
Thank you for your continued support!
Community Update: New Vote on BUSD Proposal. We have launched a new vote to update the BUSD delisting plan.
Community Update: New Vote on BUSD Proposal
We have launched a new vote to update the BUSD delisting plan. The revised proposal focuses on setting the Collateral Factor of BUSD to 0 and disabling BUSD supply/borrow functionality.
Voting Period: August 6th, 08:00 (UTC) to August 8th, 08:00 (UTC)
We encourage all community members to participate. Your input is essential to ensure a smooth transition and safeguard user interests.
Participate in the Vote
Thank you for your continued support!
07 Aug 2024, 14:05
Our AMA is almost starting! Join up in 25 minutes!
Our AMA is almost starting. Join up in 25 minutes.
Our AMA is almost starting! Join up in 25 minutes!
https://x.com/SperaxUSD/status/1821101979101491520
07 Aug 2024, 14:01
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Big thanks to Casten Artzz.
Big thanks to Casten Artzz 🙌
We loved seeing your review highlighting Uquid's user-friendly interface, global accessibility, and top-notch security! Casten Artzz is also one of the excellent winners of Uquid's Global Voice Contest! 🌍🔒
At Uquid, we're passionate about making crypto shopping and payment accessible and secure for everyone. 💙 Join the future of finance and experience it yourself!
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07 Aug 2024, 11:36
SCAM ALERT
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Watch out for fakes mimicking admins.
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If you flaunt our rules, you'll get restricted, kicked/ban.
This is the only official group of PlatON_Network. Report any other group claiming to be PlatON and exit.
Do nor respond to DM asking you to join ant PlatON Community. They are scammers.
Thanks!
SCAM ALERT. Admins won't DM asking for funds or keys. Watch out for fakes mimicking admins. Don't send money to them.
SCAM ALERT
Admins won't DM asking for funds or keys.
Watch out for fakes mimicking admins.
Don't send money to them!
Keep it safe, friendly, and respectful here!
No FUD or unrelated discussions and links.
If you flaunt our rules, you'll get restricted, kicked/ban.
This is the only official group of PlatON_Network. Report any other group claiming to be PlatON and exit.
Do nor respond to DM asking you to join ant PlatON Community. They are scammers.
Thanks!
07 Aug 2024, 08:19
telegram news 07 August 2024 08:19
06 Aug 2024, 08:21
Lend & Borrow WEMIX$ 피청산 이용자 구제 조치
위믹스 오피셜 사이트 본문 :
안녕하세요. 위믹스 팀입니다.
지난 7월 30일, WEMIX$의 순간적인 가격 하락의 영향으로 Lend & Borrow 서비스에서 WEMIX$를 담보로 자산을 대출한 포지션들이 청산되었습니다.
위믹스 팀은 청산 발생 확인과 함께 Lend & Borrow 서비스를 일시 정지한 후 자세한 경과를 조사하고 필요한 조치를 진행하였으며 8월 1일에 서비스를 정상화하였습니다. 이후 WEMIX$ 가격은 안정적으로 유지되고 있습니다.
최우선 목표인 안정화 작업 이후 보다 구체적인 내역을 확인하였으며, 이용자 여러분께 경과 및 후속 조치에 대해 안내 드립니다.
[청산 경과]
• 대출형 서비스에서 청산은 담보 자산 및 대출 자산의 가격 변동에 의해 발생할 수 있으며, 대여를 위해 예치된 자산을 보호하여 대출 서비스의 안정성을 유지하게 하는 중요한 기능입니다.
• 위믹스 파이 Lend & Borrow 서비스에도 여타 대출 서비스들과 같이 가격 오라클을 기반으로 하는 청산 시스템이 적용되어 있으며, 이번 청산 역시 사전에 정의된 프로세스에 따라 정상적으로 진행되었습니다. 다만 오라클이 WEMIX$ 가격 정보를 확인하는 과정에서 유동성 규모가 작은 MLP의 변동성 영향이 크게 작용한 점이 확인되었습니다.
[피청산 이용자 구제에 대해]
• 청산은 대출 서비스에서 발생할 수 있는 잠재적인 위험 요인으로 청산된 담보 자산에 대해서는 별도의 보전 조치가 이루어지지 않는 것이 일반적입니다. 따라서 이용자 여러분의 지속적인 부채 비율 관리를 통한 각별한 주의가 필요합니다.
• 그러나, 이번 청산의 경우 유동성 규모가 작은 MLP의 변동성이 WEMIX$ 가격에 반영된 점을 고려하여 위믹스 팀은 추가 검토를 진행하였습니다.
• 재단 차원에서의 심도 깊은 논의를 거친 결과, 이번 청산은 서비스 안정성 유지를 위해 필요한 과정이 아닌 이례적인 상황으로 판단하였으며, 최종적으로 청산에 따른 이용자 손실을 보전하기로 결정하였습니다.
청산에 대한 구제 조치는 다음과 같이 진행될 예정입니다.
[조치 사항]
• 피청산 담보액과 상환된 대출금의 차액 보전
• 청산 수수료로 인한 피청산 담보액의 손실 보전
• 청산의 영향으로 발생한 미상환 부채를 재단이 대신 상환하여 예치(Lend) 자산 보전
청산된 WEMIX$ 담보 대출 포지션들의 상세 내역을 검토한 후, 보전이 필요한 수량을 산정하여 영업일 기준 최대 7일 이내에 대상 지갑으로 직접 전송할 예정입니다.
※ 보전 작업은 차주에 진행될 예정이며, 자세한 사항은 아래의 시트를 참고해 주시기 바랍니다.
[Lend & Borrow] WEMIX$ Compensation Plan
위믹스 팀은 지난 공지를 통해 안내 드린 것과 같이 신규 MLP 구축 등을 통해 보다 안정적인 WEMIX$ 서비스를 제공하기 위해 더욱 노력하겠습니다.
감사합니다.
[참고 사이트]
• 위믹스파이 :
Lend & Borrow WEMIX$ 피청산 이용자 구제 조치. 위믹스 오피셜 사이트 본문 :. 안녕하세요. 위믹스 팀입니다.
Lend & Borrow WEMIX$ 피청산 이용자 구제 조치
위믹스 오피셜 사이트 본문 :
https://www.wemix.com/ko/communication/lend-borrow-wemix-liquidation-relief-measures-fd18de0b74d9
안녕하세요. 위믹스 팀입니다.
지난 7월 30일, WEMIX$의 순간적인 가격 하락의 영향으로 Lend & Borrow 서비스에서 WEMIX$를 담보로 자산을 대출한 포지션들이 청산되었습니다.
위믹스 팀은 청산 발생 확인과 함께 Lend & Borrow 서비스를 일시 정지한 후 자세한 경과를 조사하고 필요한 조치를 진행하였으며 8월 1일에 서비스를 정상화하였습니다. 이후 WEMIX$ 가격은 안정적으로 유지되고 있습니다.
최우선 목표인 안정화 작업 이후 보다 구체적인 내역을 확인하였으며, 이용자 여러분께 경과 및 후속 조치에 대해 안내 드립니다.
[청산 경과]
• 대출형 서비스에서 청산은 담보 자산 및 대출 자산의 가격 변동에 의해 발생할 수 있으며, 대여를 위해 예치된 자산을 보호하여 대출 서비스의 안정성을 유지하게 하는 중요한 기능입니다.
• 위믹스 파이 Lend & Borrow 서비스에도 여타 대출 서비스들과 같이 가격 오라클을 기반으로 하는 청산 시스템이 적용되어 있으며, 이번 청산 역시 사전에 정의된 프로세스에 따라 정상적으로 진행되었습니다. 다만 오라클이 WEMIX$ 가격 정보를 확인하는 과정에서 유동성 규모가 작은 MLP의 변동성 영향이 크게 작용한 점이 확인되었습니다.
[피청산 이용자 구제에 대해]
• 청산은 대출 서비스에서 발생할 수 있는 잠재적인 위험 요인으로 청산된 담보 자산에 대해서는 별도의 보전 조치가 이루어지지 않는 것이 일반적입니다. 따라서 이용자 여러분의 지속적인 부채 비율 관리를 통한 각별한 주의가 필요합니다.
• 그러나, 이번 청산의 경우 유동성 규모가 작은 MLP의 변동성이 WEMIX$ 가격에 반영된 점을 고려하여 위믹스 팀은 추가 검토를 진행하였습니다.
• 재단 차원에서의 심도 깊은 논의를 거친 결과, 이번 청산은 서비스 안정성 유지를 위해 필요한 과정이 아닌 이례적인 상황으로 판단하였으며, 최종적으로 청산에 따른 이용자 손실을 보전하기로 결정하였습니다.
청산에 대한 구제 조치는 다음과 같이 진행될 예정입니다.
[조치 사항]
• 피청산 담보액과 상환된 대출금의 차액 보전
• 청산 수수료로 인한 피청산 담보액의 손실 보전
• 청산의 영향으로 발생한 미상환 부채를 재단이 대신 상환하여 예치(Lend) 자산 보전
청산된 WEMIX$ 담보 대출 포지션들의 상세 내역을 검토한 후, 보전이 필요한 수량을 산정하여 영업일 기준 최대 7일 이내에 대상 지갑으로 직접 전송할 예정입니다.
※ 보전 작업은 차주에 진행될 예정이며, 자세한 사항은 아래의 시트를 참고해 주시기 바랍니다.
[Lend & Borrow] WEMIX$ Compensation Plan
위믹스 팀은 지난 공지를 통해 안내 드린 것과 같이 신규 MLP 구축 등을 통해 보다 안정적인 WEMIX$ 서비스를 제공하기 위해 더욱 노력하겠습니다.
감사합니다.
[참고 사이트]
• 위믹스파이 : https://wemix.fi/