mediumLogic errorEVM-Solidity
Flat Money: Losses of some long traders can eat into the margins of others
- Payout
- $0
- Protocol
- Flat Money
- Disclosed
- Feb 4, 2024
- Source
- sherlock
Flat Money aggregates the PnL of all open long positions into a single shared global margin pool. When one position's settled margin falls below zero (bad debt) before being liquidated, its loss is deducted from that shared pool rather than being charged to LP …
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