Meow Finance
  • 🐱MEOW FINANCE
  • πŸ‘‹Introduction
  • 🐈Roadmeow
  • Meow protocol
    • πŸ’‘How to Engage with Meow Finance
      • Farm (Borrow)
        • To Open Leverage Position
        • To Open Long Position
        • To Open Short Position
        • SpookySwap Pool
      • User's Position
      • Borrowing Interest APR
      • Lend & Stake
        • How To Lend
      • Stake
        • LP Staker
          • Add Liquidity
        • Lender (ibToken)
        • mMeow Staking
        • Borrower (Farm with Leverage)
      • mMEOW Vault
        • How to Convert to MEOW to mMEOW
    • βœ’οΈGuideline
    • ⚠️Risk
    • 🎰Meow in Wonderland
  • Meow Tokenomics
    • 🎲$MEOW Token
    • ⛏️mMEOW Token
    • πŸ’Žib Tokens
  • Meow Security
    • 🧨Price Attack Prevention
    • πŸ•΅οΈβ€β™‚οΈSmart Contract Audit
    • πŸ”Transparency+Timelock
  • meow community
    • πŸ—£οΈChannels
    • ❓FAQ
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  1. Meow Security

Price Attack Prevention

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Last updated 3 years ago

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As we care about our Meow clients, we want anyone who joins our place to be safe and sound so we've created Meow security guard to help out.

What does Meow security guard do?

When the price of the assets in the yield farming pool which has the on-chain price from the decentralized exchange (SpookySwap) differs more than 10% from the off-chain oracles we use, Meow security guard will stop the main actions in Meow Finance that includes the opening position, closing position, and liquidation in order to protect you from trading at bad prices or losing of your fund.

Meow security guard will delay the verification of the price feed update, this delay will give enough time for the market to push back the price to their realignment. After the price is back to normal, Meow security guard will let his guard down and let you play with Meow again.

Thank you to Meow Security Guard, now we can have fun and worry less with Meow Finance😻

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