Price Attack Prevention
Last updated
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Last updated
Was this helpful?
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.
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 Financeπ»