Paradex confirmed a nasty maintenance bug wrongfully liquidated 200 users during a recent upgrade. They quickly halted ops, fixed the error, and issued a full $650K refund.
While the incident highlights the fragility of core systems, prompt action and full restitution set a critical precedent. We are seeing major protocols mature, prioritizing user protection over reputation management.
BULLISH on accountability and transparency becoming the new standard.
#DeFi #CryptoNews #Paradex #Web3Trust #USIranMarketImpact
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