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Give the $USR exploit induced lending market manipulation, the debate on hard-coded oracle price for collaterals starts again.
As suggested by @YouAreMyYield, can lending markets implement a mechanism to stop deposits when oracle price deviates significantly from hard-coded price?
if (hardcodedPrice * LLTV > oraclePrice) {
revert("DEPOSIT_HALTED");
}
In my view, this works well for stablecoin collateral. Prices rarely deviate materially under normal conditions, so triggering a false pause is a low frequency event and not administratively over-burdening for curators.
@Morpho @eulerfinance @0xfluid
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