<ul><li>A new liquidation bot, address 0x8329F4, has been dominating the Compound v2 battlefield by winning liquidations consistently despite not being the fastest or most efficient.</li><li>This successful performance by the new liquidator started after Compound introduced the Open Price Feed Proposal on August 20, 2020, aiming to increase transparency in asset price updates and community participation.</li><li>The liquidator manipulated the system by posting prices and exploiting the protocol mechanics, ultimately using GasToken2 to increase profits by executing the liquidation in one atomic transaction.</li><li>This incident showcases how understanding and leveraging protocol mechanics in DeFi can be more important than speed or gas optimization, ultimately leading to successful operations within the system.</li></ul>

DeFi Summer: The Golden Days of Liquidation

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