2022-02-01 12:27 UTC
Member bought cover hours before they were liquidated on Abracadabra. The proof of loss outlined that the member could not repay their position and avoid liquidation, but after simulating the conditions on Avalanche at the time of the liquidation, the member could have repaid their loan and avoided liquidation. The protocol operated without issue at the time of liquidation, and Claims Assessors denied this claim, as the loss was the result of normal market movements.
2022-01-17 16:39 UTC