IMF Credit Cartel

POST MORTEM: $IMF Liquidations Summary

Earlier we provided an update on what happened and what you need to know.

We've now published a liquidations post mortem to the URL at the bottom of this tweet ⤵

Brief Summary:

- Liquidations: 260
- Unique borrowers: 126
- Seized: 5,106,321.08 IMF
- 15.47% of total IMF supply
- Repaid: 1,592,486.84 USDS
- Bad Debt: 632,978.67 USDS
- Blocks: 23,030,818 to 23,035,922

Please note: Bad debt (~1% of USDS deposited) is less than the total yield generated for lenders, so there is no net loss.

0xigami.github.io/imf-liq-summary

UPDATE: What Happened and What You Need to Know

To understand the impact, we need to separate what IMF is from what $IMF represents.

There are two sides to IMF:

1. IMF the protocol – a stand-alone, permissionless, autonomous credit system built on top of audited and

POST MORTEM: $IMF Liquidations Summary

Earlier we provided an update on what happened and what you need to know.

We've now published a liquidations post mortem to the URL at the bottom of this tweet ⤵

Brief Summary:

- Liquidations: 260
- Unique borrowers: 126
- Seized: 5,106,321.08 IMF
- 15.47% of total IMF supply
- Repaid: 1,592,486.84 USDS
- Bad Debt: 632,978.67 USDS
- Blocks: 23,030,818 to 23,035,922

Please note: Bad debt (~1% of USDS deposited) is less than the total yield generated for lenders, so there is no net loss.

0xigami.github.io/imf-liq-summary

https://x.com/intlmemefund/status/1950735634634789238

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no. $imf token had cascading liquidations. it’s explained in the post

did the price on MOG or PEPE liquidate USDS positions or something?