BlockBeats News, March 30th, According to @ai_9684xtpa, the ETH price on the recent trading platform dropped to a minimum of $1786. However, even after the MakerDAO whale's position fell below the liquidation price, it was not liquidated. This is because MakerDAO uses an Oracle Security Module (OSM), so even if the market price drops below these liquidation points, the actual system price is still updated with a delay.
The system collects data from multiple authorized price feeders, calculates the median as the reference price through the Medianizer contract, and then applies it with about a 1-hour delay to prevent short-term fluctuations from being exploited. For example, the current system price of MakerDAO is $1831.25, while the market price of Ethereum is $1806.89.
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