The blocmates Podcast cover image

Jedi checks in with Sam Forman the CEO of Sturdy Finance, a yield farmers dream space.

The blocmates Podcast

00:00

How Much Risk Do You Have in Liquidations?

So beyond the normal smart contract risks, you also have this third party contract risk. So if convex were exploited in the particular pool that we're supporting, it would affect both lenders and borrowers on sturdy. And then I think a second risk is if you're levering up and there's a deep peg, you will get liquidated. But our liquidation mechanism is pretty similar to Ava or compound in that anyone can be a liquidator. It's totally decentralized.

Transcript
Play full episode

The AI-powered Podcast Player

Save insights by tapping your headphones, chat with episodes, discover the best highlights - and more!
App store bannerPlay store banner
Get the app