Because MakerDAO uses the Oracle Security Module, the net positions of two whale up to $84.4 million have not been liquidated yet

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PANews
03-30
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PANews reported on March 30 that according to @ai_9684xtpa monitoring, two whales of Maker with a net position of up to $84.4 million faced liquidation risks, but when ETH dropped to $1,786, the Maker whales' positions were not liquidated because MakerDAO uses an Oracle Security Module (OSM), which means that even if market prices fall below liquidation points, the actual system price is still delayed in updating.

The system collects data from multiple authorized price feeds, calculates the median as a reference price through the Medianizer contract, and delays application by about an hour to prevent short-term fluctuations from being exploited. Currently, MakerDAO's system price is $1,831.25, which still maintains a certain distance from the liquidation prices of the two addresses.

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