Some loans on Maker are never liquidated, prompting debt auction overhaul

Small loans for $100 are uninteresting to liquidators, and they’re cheap to stack up. The Maker community is looking for solutions after an analysis by B.Protocol suggests that it is possible to exploit the liquidation system to create under-collateralized debt.  The researchers created small vaults for $128, just above Maker’s “dust” parameter that defines the […]

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