@ChrisOnCrypto1 Don't get me wrong, I get your argument. But if the market does not (at least currently) align with this view why try forcing it onto the market with mental gymnastics?
If the market needs decentralisation and its use case is still viable, ppl will use it otherwise not.
@trading_peter@therobotjames For example; instead of clawing back funds in cases where there is not sufficient liquidity to unwind a force liquidated position, you can instead terminate some of the open interest at the counterparty's zero equity price.
ppl may say it just different version of clawback...
@trading_peter@therobotjames Yeah my thoughts exactly, a clawback system can be inside a liquidation engine - but it is not necessarily needed for a sound liquidation engine.