In the event of unforeseen market conditions, Mango’s security council can put the protocol into “post-only mode” to limit deposits, buys, borrows and position increases. The decentralized autonomous organization (DAO) can then vote on whether to halt trades, force settlement or updating risk parameters.
Trending
Why the Next US President Needs to Pardon Bitcoin Pioneer Ross...
The story of Ross Ulbricht is one that has captivated the Bitcoin community for years – a brilliant young mind, an entrepreneur with a...