DEX Mango Markets Will Alter Multi-Sig Feature to Mitigate Security Threats After $114M Exploit

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DEX Mango Markets Will Alter Multi-Sig Feature to Mitigate Security Threats After $114M Exploit

In the event of unforeseen market conditions, Mango’s security council can put the protocol into “post-only mode” to limit deposits, buys, borrows and position increases. The decentralized autonomous organization (DAO) can then vote on whether to halt trades, force settlement or updating risk parameters. www.coindesk.com

In the event of unforeseen market conditions, Mango’s security council can put the protocol into “post-only mode” to limit deposits, buys, borrows and position increases. The decentralized autonomous organization (DAO) can then vote on whether to halt trades, force settlement or updating risk parameters.

www.coindesk.com