Mysterious Pipe

Since the beginning, we’ve approached Liquid Staking not as a product, but as a foundational DeFi primitive. One designed to empower users, support validators, and fuel the broader @MultiversX ecosystem. Today, that foundation gets stronger. 👇

For the DeFi sector to truly grow, we need to make a clear case about the priorities. Innovation, be it real or fake, must never come at the cost of user security, or the sovereignty of user funds. Trust comes at a cost, and it's not only valued in $

@HatomProtocol Safe to say that Hatom beats CEXes in price integrity and user security 🤝

On Friday, 10 October, Hatom encountered the heaviest stress test of its suite of products since going live. With the entire crypto ecosystem seeing over $19 billion in liquidations, this was one of the worst black swan events ever witnessed. We are proud to announce that our work over the years to build one of the most resilient products in DeFi has paid off. Hatom operated without interruption throughout the event, liquidating approximately $800K in collateral and proving once again that our design is built to protect users. During periods like this, when asset prices depreciate sharply in a short time, many users could be liquidated instantly if there were no mechanisms to counteract price manipulation. In moments like these, price integrity is everything. This is where our Price Aggregator and Oracle design protects users. How it works Our Aggregator collects quotes from multiple reputable exchanges and publishes a median. In parallel, our Oracle reads the DEX Safe Price, a time-weighted average that smooths short spikes. On every update, the Oracle compares the Aggregator median with the DEX Safe Price. If they are within tolerance, the new price is accepted. If they diverge beyond the first threshold, the Oracle returns the last valid price; if they exceed the final threshold, the Oracle is temporarily suspended and requires manual intervention to review and unpause. During Friday’s cascade, this logic filtered out exchange wicks and isolated prints. Sudden one-venue drops did not force instant liquidations because the Safe Price and the Aggregator median disagreed beyond tolerance, so the system used the last valid price until markets realigned. When the broader market moved in a sustained way, fresh submissions arrived and the Oracle advanced to a new fair price, allowing liquidations to proceed where they were truly warranted. The result is simple. Legitimate market moves are honored, and short-lived manipulation attempts are ignored. Users are protected from unfair liquidations, liquidators have clear rules, and the protocol maintains orderly operations even under extreme stress. We are glad to see many users protected during the crash by these mechanisms, and we are deeply saddened for those who were liquidated. Unfortunately, this is part of using leverage. Please remember that leverage is risky, and everyone using it should be aware of the consequences, especially the importance of using safe, liquid, and proven collateral. Since Friday’s event was brutal, with many CEXs going down, we want to be transparent about outcomes on our side. During the peak volatility window, the protocol incurred approximately $3.6K in bad debt, while protocol revenue totaled over $36K from liquidations. According to our analysis, this bad debt was caused solely by the sharpness of the decline in price, without being caused by liquidity shortages, unsafe collateral, hidden leverage, or inefficient liquidations in terms of both participation and economic profitability. We want to assure you that no users will be penalized for this. The entire bad debt will be covered from protocol revenue. We are aware that some competitors in the ecosystem, after Friday’s event, reportedly incurred roughly 5x more bad debt on 10x lower liquidity and chose to socialize that loss across suppliers. In practice, this means every user who supplied USDC directly or through vaults was penalized, regardless of whether they had an active borrow. This is something we believe could be avoided through better protocol-design decisions and by ensuring that all code is audited and stress-tested prior to launch on Mainnet. But code is only one side of the coin; effective risk management is even more crucial. We encourage every protocol to strengthen its design, find edge cases, and ensure they can handle unfortunate events like the most recent one. User safety is paramount, and depositors should not bear losses caused by architectural weaknesses. The beauty of DeFi should be in the technology working for users, not against them. This is why we believe it is important to use Hatom!

The modern financial world moves at a speed unseen until now. Everything becomes digital: money, ownership, markets, identity. At Hatom, we’ve spent the last few years crafting products to pioneer this new world. We built carefully, shipped relentlessly, and learned from you, our community. Today, true to the cypherpunk spirit, we’re open-sourcing the Hatom suite. We are putting our work in the hands of the builders who will shape what comes next. As a first step, the Hatom Lending Protocol is now public and auditable by anyone. The result of years of engineering, and one of the most robust and powerful products on the market, is now open for everyone to review, verify, and build on. github.com/HatomProtocol/… Next, we’re rolling out the biggest update yet to our Liquid Staking Module. Once finalized and implemented (hint: next week), it will also be fully open-sourced. We are entering the next phase of growth at Hatom and we are looking forward to share with you all the exciting updates we've been working on lately! 🫡

@MoneyTaura I usually start by beating the meat to remind myself who's the master. Then I proceed to perform a ritual of nihil to remind myself that life ain't to be taken too seriously. After that I remind myself that we were all born from the darkness, and mold it for inspiration.

What are your coping mechanism for when a bad day hits you? What do you do that helps you get out of a rut. Share your tips below so others can use the knowledge in case they need it.

@0xSoulProtocol Omnichain Infra, DeFi 2.0 🥚

We’re excited to introduce Soul Protocol, a new DeFi primitive, now live on Testnet! The first unified, omnichain liquidity layer connecting cross-chain money markets. Supply anywhere. Borrow anywhere. Seamlessly, across any chain and protocol. 🧵

Devourer

@MoneyTaura Didn't catch those, but we had some pretty cool norther lights here few weeks ago 👇

Goood morning guys! Anyone with nice pics of the night sky and the planets aligning? Share them below 👇 my skies have been cloudy and rainy the last few days so couldn’t observe. I’m sure it is a stunning fenomenom to watch.

@xMattDiaz @SuperRare_Bears @raz8_paul @PulsarMvX @MultiversX @beniaminmincu @XoxnoNetwork

@PipeMysterious @SuperRare_Bears @raz8_paul @PulsarMvX @MultiversX @beniaminmincu @XoxnoNetwork This is hot

Yo fam, got this wild idea from our boy @raz8_paul in the SuperRareBears Telegram channel Why not let you 🐻 design your own Abominators? 🤯 @PulsarMvX send 33333333 FEDUP to 100 reactions This is YOUR collection, half the mints already shot out for free with those Prick syringes 💉🙂. xoxno.com/collection/PRI… Here's the deal, cook up an Abominator bear, but make it freaky - mutations, cyber enhancements, slime, whatever looks 🔥 We're picking up to 4 dope designs. Winners snag 2 Prick 💉 NFTs for minting and some extra sauce after we drop the collection! Unleash your inner Picasso or Banksy or whatever, drop those designs in the replies! Always Bullish! 🚀🐻 #MultiversX $EGLD

@SuperRare_Bears @Bearzilla01 @raz8_paul @PulsarMvX @MultiversX @beniaminmincu @XoxnoNetwork

@Bearzilla01 @PipeMysterious @raz8_paul @PulsarMvX @MultiversX @beniaminmincu @XoxnoNetwork Now we need their offspring!

@EduC_draws Hi I'm Pipe, and I do everything with my budget smartphone. Here's my latest cook 👇

@alexmcc_97 My latest 🙏

!!!! #TraditionalArt #ArtShare !!!! -Share your best TRADITIONAL art🥇 -No AI🚫 / No NFT🚫 -🔄+❤️ this post for visibility (I'll retweet yours if you do) HELLO! 😊 I'm Alex from 🇵🇹 and these are some of my works✏️ (all my art is traditional)

Manhunter