Zhu Su
Zhu Su
IMF did a ton of volume on @quanto today and I was curious why One guy dumping 100k set off a liquidation cascade that nuked IMF from 30M to 5M in an hour Price went down so quickly the protocol couldn't liquidate IMF tokens at their loan values, so USDS lenders lost ~$600k.

Lukas (computer)

IMF did a ton of volume on @quanto today and I was curious why One guy dumping 100k set off a liquidation cascade that nuked IMF from 30M to 5M in an hour Price went down so quickly the protocol couldn't liquidate IMF tokens at their loan values, so USDS lenders lost ~$600k. https://t.co/9cFMShI9LC

Lukas (computer)
From X

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