Synthetix promises a bug fix for multilateral loans Synthet | Top DeFi

Synthetix promises a bug fix for multilateral loans

Synthetix reported that a bug was discovered last week in the recently launched multi-collateral loans feature. This problem caused some loans to be flagged for full liquidation when only partial liquidation was required.

U.S. dollar short positions are the most vulnerable because they are denominated in sBTC/sETH and the collateral ratios for these positions depend on BTC and ETH prices.

The PDAO has suspended the ability to open new positions using the multiple collateral contract. At the time of publication, all open positions have been safely closed.

The new contracts will be involved in our next issue of Castor, which is scheduled for this week.