@reactivenetwork
Liquidation Protection: Designing Around the MEV Funnel
As we prepare for the first fully on-chain liquidation protection, utilizing Reactive Contracts and enabled by ReactDEFI, we're taking a look at the problems caused by liquidations in our three-part series.
In this second-part we're examining the effects caused by the pursuit of MEV (Maximal Extractable Value), turning liquidations from a necessary fail-safe event into a system for value extraction.