the correct answer is C) "🤷 idk how 2 compound"
why? 👇
cc @rleshner @cjliu49 @jmflatow
@aliatiia_ posted a great formal proof that walks through why the position will indeed get liquidated if BAT/ETH increases 4x instantly.
but he didn't account for the protocol level limits on price changes 🛑
medium.com/compound-finan…
🤔 but wait, isn't this #DeFi? that doesn't seem too decentralized ⚠️
the @compoundfinance team has announced a project called the "Open Oracle System" 👁️ which aims to fix this long term!
you can read more here: medium.com/compound-finan…