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Optifi crypto

WebAug 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. 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 …

Solana-Based DEX Permanently Loses $661,000 - crypto.news

WebAug 30, 2024 · Coin Prices. Price data by. AD WebAug 30, 2024 · OptiFi, a Solana-based decentralized exchange, said on Monday that it accidentally shut down its program and that all funds are now inaccessible. Some $661,000 worth of USDC is now permanently locked … hopkinton ma precincts https://katieandaaron.net

New Potential Airdrop: OptiFi

WebSep 2, 2024 · OptiFi doesn't provide much detail about who's running things. In its documentation, the entity claims, "The core team behind OptiFi is composed of experienced entrepreneurs, including a crypto fund manager, a risk and hedging solutions expert, quant traders and seasoned Solana devs across US, Europe, and Asia." WebTLDR; During an upgrade OptiFi tried to cancel it as it was taking longer than expected due to network congestion. Instead of just aborting the upgrade, they instead closed the whole program. Losing $661,000 . True what they say – crypto is patient people's game WebNov 3, 2024 · OptiFi might launch their own token and we have gathered everything you need to know! OptiFi, powered by Solana and Serum, is the first derivatives DEX with a portfolio … longview obituaries texas

Solana DeFi Exchange Accidentally Bricks Itself, Locks Up $661K …

Category:Solana-Based DeFi Protocol Loses $661k After Shutting Down By …

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Optifi crypto

Option Token price today, OT to USD live, marketcap and chart ...

WebAug 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 … WebJan 4, 2024 · OptiFi @OptifiLabs · Weekly digest just arrived🕊 TL;DR 1. We expect rate hike pauses sometime in 2024 with a terminal rate of 4.75%-5% 2. #RBA and #BoC might be a leading indicator for #Fed policy 3. $Sol …

Optifi crypto

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WebJan 4, 2024 · OptiFi @OptifiLabs · Oct 14 1/n Data is the core of all quant related activities in both TradFi and DeFi. High quality data with multiple robust sources and extra-performant speed is never seen in crypto space … 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 ...

WebOptiFi 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 … WebAug 9, 2024 · Crypto Options Trading on Solana Has Mostly Fizzled. A New DEX Has a Plan to Change That OptiFi went live Monday, bringing portfolio margining to the Solana …

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 Devnet, create an account, deposit USDC and Start Trading.; Head to the OptiFi Market Maker (OMM) & Stake to Earn. OptiFi Market Maker uses a delta-neutral strategy, where … WebAug 30, 2024 · OptiFi: $661,000 in USDC Permantly Frozen. Derivatives-focused decentralized finance (DeFi) platform OptiFi closed its mainnet platform by accident, trapping $661,000 in USDC. On August 29th at 06:00 UTC, OptiFi attempted to update its program code but instead used the "Solana program close" command by mistake, …

WebAug 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."

WebAug 8, 2024 · OptiFi is the latest options trading DEX on Solana. Its on-chain automated market maker is made possible by portfolio margining. hopkinton ma property mapsWebMay 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 … longview offerupWebAug 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. … hopkinton ma police fire blotterWebAug 30, 2024 · The OptiFi team says they accidentally permanently closed the OptiFi program on Solana mainnet yesterday during a routine upgrade. The shutdown resulted in … longview ocupational rehabWebWithout 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. longview occ medicineWebOptiFi đã hứa sẽ hoàn lại cho người dùng bất kỳ khoản tiền nào bị mất do lỗi và một phần đáng kể USDC bị khóa đã được trao cho một trong những thành viên trong nhóm của nó. Doanh nghiệp cũng đã cảnh báo các nhà phát triển blockchain Solana khác nên xem xét hậu quả của lệnh “Đóng chương trình Solana”. hopkinton ma post office hoursWebThis project aims to provide a tool to explore the trend and visualize crypto market data. Leveraging the API of Coinmarketcap, the most trusted … longview occupational health clinic