A series of large market sells triggered a rapid liquidation cascade on Colend, placing significant acute downward pressure on CORE.
The Colend protocol operated in line with its design, and positions below required collateral thresholds were liquidated. The cascade has largely played out, with the vast majority of positions cleared and limited residual exposure remaining in the system. This was a market-driven event.
Core Foundation and the Colend team have been actively working together in response to the event to support orderly protocol operations.
We will continue to monitor conditions and provide updates as needed.
We're live in one hour. 🎙️
@richrines, @dylanjdennis, and @RumeelHussain break down Core's quantum-resistant upgrade.
10am EST. Link below. 👇
https://t.co/birIhp4BX1
@Sidra_adviser@sidrachain@maljefairi Dear SidraChain Support Team,
I am writing to appeal the deactivation of my account. I have only one single account registered with SidraChain and have strictly followed the "one person, one account" policy.
account was recently blocked,due to a technical error.
The CEO’s🌷 reply during a time of confusion was enough to restore our hope,
and confirm that our project is moving on the right path.
#AITT is not just an idea, it is a strong vision for a better future.
The best is yet to come, God willing 🚀
#SDA =150$ #AITT=100$
@TravelAitt