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 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, …

Menghsuan Lee - University of Washington - LinkedIn

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 … 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 … how far is murphy tx https://nhukltd.com

New Potential Airdrop: OptiFi

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 … 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. WebStaff at decentralized finance platform OptiFi must be having a really bad day. Why? The company says a coding error accidentally — and permanently — shut the entire Solana blockchain-based... highboard moon

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

Category:OptiFi tự huỷ mainnet vì “không hiểu nổi” bộ công cụ của Solana

Tags:Optifi crypto

Optifi crypto

Solana-based DEX OptiFi loses $661,000 permanently after

WebAug 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 … WebOur powerful AI algorithm will take care of growing your crypto portfolio. Grow Your HODLings Simply and Automatically 100+ 5 2 Strategies Vaults Chains Grow Your Crypto … Yield Optimized Across DeFi. Evaluate thousands of yield strategies across … OptyFi is an automated DeFi strategy manager powered by cutting edge …

Optifi crypto

Did you know?

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, … WebWho 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 …

WebAug 8, 2024 · Options trading on OptiFi went live Monday, allowing investors to speculate on the future prices of BTC and ETH (SOL is on the way). It’s the first decentralized options … WebMay 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 …

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 …

WebAug 29, 2024 · OptiFi, a derivatives defi project, accidentally and permanently shut down the project smart contract, irretrievably locking up $661,000 — the project's entire fund. ... Now, crypto investigator zachxbt thinks the same individual is indirectly responsible for a slew of compromised Twitter accounts that have then been used to promote crypto ...

WebAug 30, 2024 · OptiFi, a Solana-powered decentralized exchange, lost $661,000 after accidentally shutting down its mainnet program. While the funds are not recoverable, OptiFi said it will “compensate all users’ funds” and make sure something similar does not happen again. OptiFi's program has been closed by mistakes we made. TL;DR 1. highboard naturestarWebAug 31, 2024 · A crypto developer has destroyed OptiFi after entering the wrong command. Credit: Shutterstock. In a blog post, the company said: "We sincerely apologise for a program incident leading to the sudden closure of the OptiFi mainnet program and we could not recover it. "We will compensate all users’ funds and prevent it from happening again." highboard naturWebOptiFi 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 … how far is mundelein from chicagoWebAug 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 … how far is murphy nc from hayesville ncWebAug 30, 2024 · OptiFi, a decentralized exchange (DEX) on the Solana blockchain, suffered a $661,000 loss of funds after a disastrous mistake.The DEX lost the funds after it made a huge mistake when closing its program on August 29. According to the DEX’s official announcement, the mistake occurred at 06:00 UTC when a developer tried to upgrade its … how far is murfreesboro arkansas from meWebAug 30, 2024 · OptiFi is a decentralized exchange on Solana that allows users to trade options. According to the post-mortem, the team attempted to upgrade the protocol on August 29 but aborted the operation when the deployment took longer than expected. highboard nach maßWebAug 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. … how far is murfreesboro tennessee