X @Ammalgam (δ, γ)
Ammalgam (δ, γ)·2026-01-26 16:00
2/ Instead of asking “What does an oracle say this asset is worth?” the system continuously asks:🔹 If this position closed now, what would it sell for?🔹 How much liquidity backs it?🔹 What loss would that sale create?Those answers determine what’s safe to borrow. https://t.co/AM7emjsYIQ ...