this post was submitted on 09 Jul 2023

312 points (98.4% liked)

Memes

45637 readers

1217 users here now

Rules:

Be civil and nice.
Try not to excessively repost, as a rule of thumb, wait at least 2 months to do it if you have to.

founded 5 years ago

MODERATORS

gary_host_laptop@lemmy.ml

sexy_peach@feddit.de

cyclohexane@lemmy.ml

cypherpunks@lemmy.ml

312

Pray for Spiro (lemmy.ca)

submitted 1 year ago by OttoVonNoob@lemmy.ca to c/memes@lemmy.ml

14 comments fedilink hide all child comments

you are viewing a single comment's thread
view the rest of the comments

[–] snowbell@beehaw.org 10 points 1 year ago (1 children)

Is this a real thing?

[–] Kushia@lemmy.ml 13 points 1 year ago* (last edited 1 year ago)

Taking out loans via defi scripts and getting automatically liquidated is definitely a thing yes. Sometimes, they even get liquidated by bugs in said scripts. Remember though, it's all crypto funny money involved usually with people who got in before it got manipulated to hell.