In order to mitigate unknown market manipulation attacks, such as the recent SPOT market manipulation of MKR, we need a mechanism to manually suspend (and potentially resume) exchanges into specific synths. The current solution involves updating the centralized Synthetix oracle to post a fixed price, which will no longer work once we fully migrate to Chainlink (https://sips.synthetix.io/sips/sip-36).
jjgonecrypto
commented
4 years ago
In order to mitigate unknown market manipulation attacks, such as the recent SPOT market manipulation of
MKR, we need a mechanism to manually suspend (and potentially resume) exchanges into specific synths. The current solution involves updating the centralized Synthetix oracle to post a fixed price, which will no longer work once we fully migrate to Chainlink (https://sips.synthetix.io/sips/sip-36).