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MakerDAO Loans Can Be Gamed to Hold Out Funds From Liquidation, Startup Finds

A loophole in MakerDAO’s collateralized debt market enables positions to be closed far more leniently than intended due to an oversight in the auction process.

Updated Sep 14, 2021, 10:31 a.m. Published Nov 16, 2020, 2:00 p.m.