Chainlink fails AGAIN

[Anonymous No.50137227]

Anyone keeping a running tally here of how much damage Chainlink has caused? I know just in recent memory we had 8 figures during the Terra collapse from various lending protocols. And then another 8 figures in bad debt on Harmony for Aave and Tranquil due to the oracles not offering proper tracking of the 1assets themselves.
Now apparently we have a case of the oracles failing again, this time possibly in a forex -> stablecoin context.

[Anonymous No.50137299]

imagine this failing as n a wider basis after being implemented iwith banks etc.

[Anonymous No.50137306]

>>50137227
>6 figures in a literally who protocol on polygon
Guy is either really rich or clueless

[Anonymous No.50137360]

>>50137306
Is on eth actually.
Would post the etherscan link but last time I posted one I got banned.

[Anonymous No.50137362]

>>50137227
>pajeet protocol fucks up because they cant read docs
>uhm its chainlink
>meanwhile chainlink works as described
it literally the same all the fucking time and you fud trannies still have to make these stupid threads hoping it will dump or get some (yous)

[Anonymous No.50137460]

>>50137227
>>50137299
>>50137306
>>50137360
>>50137362
ANOTHER VICTORY FOR KENSHI CHADS LETS GOOOO FUCK ZACH

[Anonymous No.50137520]

>>50137360
True I just checked wrong like a retard

[Anonymous No.50138125]

>>50137227
To be fair, chainlink oracles are centralized and known to fail. But they are cheaper to use than other decentralized oracles. They took that risk going in.

[Anonymous No.50138214]

>>50138125
what other oracles?

[Anonymous No.50138301]

>>50137520
I think they're on both Eth and Polygon but all the volume I saw from the guy abusing it was on Eth. Was like over 100m of volume or something.
I actually only noticed because out of nowhere this popped up as the #2 dex on Coingecko for volume ahead of Curve and I thought that was strange.

[Anonymous No.50138336]

>>50137460
gotta say I am proud to have mentioned Zach's name enough times on this board for absolutely no reason other than to have it picked up by the feedback loop
your entire shill campaign is built off of this.
thank you for this, seriously.

[Anonymous No.50138347]

>>50137227
RLC stays winning

[Anonymous No.50138373]

serves them right for using faulty software when better alternatives exist.

[Anonymous No.50138376]

>>50137306
i got 6 figs in the cadc usdc pool

[Anonymous No.50138427]

>>50138347
>tfw, it can't fail because it isn't used anywhere

[Anonymous No.50138428]

>>50137227
just buy KENSHI

[Anonymous No.50139078]

>>50138376
Forex stableswap seems to be a decent idea. Makes a lot more sense that many other crypto ideas I've seen.
Seems the only issue here is Chainlink being the Achilles heel if it really needs to rely on it to function. I don't really know enough about the app to understand why normal arbitrage isn't sufficient to keep everything in line. Maybe because it's the only game in town right now?

[Anonymous No.50139123]

They just posted an update in dc saying that it might have something to do with the predictability of forex pricing off hours. Didn't mention Chainlink in the announcement but still not really sure.
OP possibly btfo etc

[Anonymous No.50139179]

Chainlink is already in the process of being replaced so it's ok. Happens with old lousy tech all the time

[Anonymous No.50139185]

>>50137227
Fucking Sergey and his wonky oracles!

[Anonymous No.50139230]

>>50137362
>muh it's not a bug it's a feature
nigger plz

[Anonymous No.50139445]

why aren't they paused on sunday?

[Anonymous No.50139468]

>>50137362
>meanwhile chainlink works as described
it doesn't matter, you shouldn't have to be a phd in chainlinkology if the oracles weren't so wonky

[Anonymous No.50139556]

>>50137227
>Actually believing this niggers
Chainlink oracles never failed, but ok

[Anonymous No.50139579]

>wonky
chainlink oracles work via aggregation
if anything the APIs are" wonky" so how is it chainlinks fault?

[Anonymous No.50139691]

>>50139579
Outlier nodes should have been disregarded but it seems sources weren't decentralized enough.
Most chainlink (minor) fuck ups have been forex related, it's an inherently wonky market and trying to replicate it on blockchains will always leads to fuck ups

[Anonymous No.50139703]

>>50137227
>It's another "dev assumes all software is wonky but his own"
Can't wait to find out that in the end it actually was their own implementation that caused! Oh golly

[Anonymous No.50139741]

Chainlink being replaced is inevitable, breaks way too often

[Anonymous No.50139742]

>>50139703
No in this case it was the nodes fetching from the same APIs that reported different prices because forex off-hours shenanigans
already happened before

[Anonymous No.50139798]

>>50139691
>inherently wonky market
how? It's the largest market in the world, I would rather say that it is the absolute benchmark in terms of liquidity. Just because chainlink oracles can't "predict" where it will open on asian monday pre-markets? Seems like an oracle implementation issue to begin with

[Anonymous No.50139960]

>>50137227
>classic bait and switch
>chainlink fud
>then the not so subtle kenshi shill

even though chainlink works as its supposed to. but whatever, pajeets gonna shit in street

[Anonymous No.50140139]

>>50139468
>you shouldn't have to be a phd in chainlinkology to work with oracles
>you shouldn't have to be a phd in salesforceology to work in CRM
>you shouldn't have to be a phd in microsoftexcelology to work an entry-level job
complain all you want but this is the world we live in. Imagine fucking up your spreadsheet and then blaming Microsoft for your product not working
$1000k eoy

[Anonymous No.50140183]

OH YEAH YOU HEAR THAT BOYS ANOTHER KENSHI SPAM THREAD FROM IRGC PERSIAN RAPE BABIES

[Anonymous No.50140286]

>>50140183
Report them to finma. These retards are ‘Swiss’ and the Swiss don’t take to kindly to expats pulling shit like this
https://www.finma.ch/en/finma-public/schutz-vor-anlagebetrug/

[Anonymous No.50140379]

They delisted the bancor video, and now they removed the celsius video from their youtube channel. Chainlink is fucked, they know it and they're desperate.

[Anonymous No.50141266]

>>50137227
>keep $100k in something called 'dfx-nzds-usdc-a'
>lose it all

[Anonymous No.50143040]

>discord chats
How far the fud has fallen

[Anonymous No.50143227]

Chainlink is collapsing as we speak.

[Anonymous No.50143236]

>>50137227
Just shut up, just shut the fuck up.

[Anonymous No.50143279]

I don't know who would be retarded enough to still be holding Chainlink

[Anonymous No.50144934]

People leave their AWS bucket with default credentials and get hacked!? Amazon needs to answer for these failures, I want Jeff Bezos head on a spike!

[Anonymous No.50145525]

>>50139078
>I don't really know enough
clearly OP