POPA ReconBulk Trading Competition Update
Bulk Trading Competition Update What went wrong: - 95%+ of participants used max leverage & maximum margin - Some users spun up hundreds of wallets to manipulate low-liquidity markets - This caused mass ADLs & liquidations due to extreme over-leverage What's being fixed: - Must link your X (Twitter) account to participate in the competition - Synthetic insurance fund added to absorb ADLs in extreme cases Team is actively testing before going back live. Developer network access details will be shared once the system is back online.
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