@TermMax takes a less sexy route.
نشر
Xiao 晓雨
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I’ve been burned enough by DeFi “risk management” that I’m suspicious whenever the fix is just another liquidation bot.
The ugly part is obvious: when markets get violent, automated DEX liquidations can dump collateral into thin liquidity, eat slippage, push price lower, trigger more liquidations, and turn a bad position into protocol-wide bad debt.
@TermMax takes a less sexy route.
Instead of immediately forcing a market sale, its liquidation flow uses a 2-hour observation window to check whether the asset price has actually stabilized. And if liquidation goes through, the underlying collateral can be delivered directly to lenders rather than nuked into an already wrecked order book.
That plumbing matters.
The goal isn’t to make liquidation disappear. It’s to stop the liquidation mechanism itself from becoming the thing that breaks solvency.
My contrarian take: DeFi keeps chasing volume, leverage and flashy yield while ignoring the boring machinery that keeps lenders alive when everything goes sideways.
Degen UX gets attention.
Boring liquidation design keeps protocols alive.
#TermMax @TermMax #termmaxx
$NEIRO
$BOME
$ENA
The ugly part is obvious: when markets get violent, automated DEX liquidations can dump collateral into thin liquidity, eat slippage, push price lower, trigger more liquidations, and turn a bad position into protocol-wide bad debt.
@TermMax takes a less sexy route.
Instead of immediately forcing a market sale, its liquidation flow uses a 2-hour observation window to check whether the asset price has actually stabilized. And if liquidation goes through, the underlying collateral can be delivered directly to lenders rather than nuked into an already wrecked order book.
That plumbing matters.
The goal isn’t to make liquidation disappear. It’s to stop the liquidation mechanism itself from becoming the thing that breaks solvency.
My contrarian take: DeFi keeps chasing volume, leverage and flashy yield while ignoring the boring machinery that keeps lenders alive when everything goes sideways.
Degen UX gets attention.
Boring liquidation design keeps protocols alive.
#TermMax @TermMax #termmaxx
$NEIRO
$BOME
$ENA
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