site stats

Optifi crypto

WebWithout fully understanding the impact, we used 'solana close program' and the OptiFi program on mainnet was closed, and cannot be recovered anymore. 661k USDC is locked in the PDAs, luckily 95% of the fund is from our team member 3. We will compensate for all users’ funds Defi strikes again. WebSep 2, 2024 · OptiFi, a decentralized options exchange using the Solana blockchain, inadvertently disabled its mainnet service with a misunderstood command and locked up …

Solana-based OptiFi Accidentally Loses $660k, Here’s How

WebSep 2, 2024 · OptiFi doesn't provide much detail about who's running things. In its documentation, the entity claims, "The core team behind OptiFi is composed of experienced entrepreneurs, including a crypto fund manager, a risk and hedging solutions expert, quant traders and seasoned Solana devs across US, Europe, and Asia." WebOptiFi, powered by Solana and Serum, is the first derivatives DEX with a portfolio-based margining approach and partial liquidations engine. Portfolio Margining allows users to net the overall portfolio risk to enhance capital efficiency, … chinese mousewriting input https://bluepacificstudios.com

Welcome to OptiFi - OptiFi - GitBook

WebAug 30, 2024 · On August 29th, Solana-based decentralized exchange (DEx), OptiFi accidentally closed its mainnet program. Unfortunately, the program was non-recoverable. The exchange lost $661,000 of users’ money in shutting down the program. Luckily, most of the funds belonged to the team, and only 5% belonged to investors. WebSep 1, 2024 · Sometimes a small error causes a big loss to the whole system. The same happened with Solana-based DEX, OptiFi, which lost more than $661,000 due to a … WebThis project aims to provide a tool to explore the trend and visualize crypto market data. Leveraging the API of Coinmarketcap, the most trusted … chinese mourning customs

Solana Based Defi Platform Accidentally Froze $661,000 USDC

Category:DeFi OptiFi locks up $661,000 of assets in code snafu

Tags:Optifi crypto

Optifi crypto

Crypto Options Trading on Solana Has Mostly Fizzled. A New DEX …

WebAug 30, 2024 · OptiFi: $661,000 in USDC Permantly Frozen. Derivatives-focused decentralized finance (DeFi) platform OptiFi closed its mainnet platform by accident, trapping $661,000 in USDC. On August 29th at 06:00 UTC, OptiFi attempted to update its program code but instead used the "Solana program close" command by mistake, … WebAug 31, 2024 · OptiFi, a decentralized finance (DeFi) decentralized application (dApp) on the Solana ( SOL-USD) network, is the newest victim of the classic blockchain coding error. …

Optifi crypto

Did you know?

WebAug 31, 2024 · InvestorPlace - Stock Market News, Stock Advice & Trading Tips Oftentimes in the crypto world, truth is stranger than fiction. It’s got ... WebSep 2, 2024 · OptiFi, a decentralized options exchange using the Solana blockchain, inadvertently disabled its mainnet service with a misunderstood command and locked up …

WebStep-by-Step Guide ''OptiFi Speculative Airdrop'' Head to the OptiFi DEX platform.; Have a Solana and/or Serum compatible wallet like Phantom.; Go to OptiFi Options & Switch to Devnet, create an account, deposit USDC and Start Trading.; Head to the OptiFi Market Maker (OMM) & Stake to Earn. OptiFi Market Maker uses a delta-neutral strategy, where … WebCrypto; Crypto News; NFT; 0. Trending Now. Acala Attacker Tackle aUSD Destruction Proposal Has Been Accredited, a Complete of About 1.29 Billion. August 17, 2024. …

WebOptiFi is an option dex with delta-neutral option market making vault, an automated one on Solana. OptiFi is the first portfolio margining derivatives DEX with delta-hedging AMM … WebOptiFi, powered by Solana and Serum, is the first derivatives DEX with a portfolio-based margining approach and partial liquidations engine. Portfolio Margining allows users to …

WebAug 30, 2024 · August 30, 2024 at 10:00 pm by Rony Roy Altcoins OptiFi, a DeFi options trading protocol on Solana, announced on Tuesday that it had accidentally shut down its …

WebJan 4, 2024 · OptiFi @OptifiLabs · Weekly digest just arrived🕊 TL;DR 1. We expect rate hike pauses sometime in 2024 with a terminal rate of 4.75%-5% 2. #RBA and #BoC might be a leading indicator for #Fed policy 3. $Sol … grand power usaWebAug 31, 2024 · OptiFi, a Solana-based decentralized options exchange, has accidentally shut its mainnet program and locked around $661,000 in user funds. According to the official … chinese mouse wineWebSep 12, 2024 · OptiFi @OptifiLabs · OptiFi's program has been closed by mistakes we made. TL;DR 1. We accidentally closed the OptiFi mainnet program and it's not recoverable 2. 661k USDC is locked in the PDAs, … grand power x-calibur problemsWebAOFEX Token OT (Option Token) is a digital asset issued by AOFEX platform based on ERC20. The total number of OT issue is 100 million, 20% in the early stage, and the … chinese moustacheWebNov 3, 2024 · OptiFi might launch their own token and we have gathered everything you need to know! OptiFi, powered by Solana and Serum, is the first derivatives DEX with a portfolio … chinese mouthwashWebWho we are OptiFi is the first derivatives DEX with portfolio margining and delta-hedging AMM vaults on Solana. The protocol won Fourth Place in the Solana Riptide DeFi track in … chinese mouthpieceWebMay 19, 2024 · OptiFi is the first DeFi exchange that is designed around portfolio margining approach. To put it simply — it allows users to combine multiple positions written on a … chinese mouse input