X @Ammalgam (δ, γ)

Oversaturation is inevitable in dynamic markets and usually leads to liquidations.On Ammalgam, oversaturated positions don’t immediately get liquidated. Instead, oversaturated positions trigger a reset mechanism which:1️⃣ Identifies the largest stressed position.2️⃣ Applies a 1% buffer threshold.3️⃣ Uses a Dutch auction to price the reset.4️⃣ Redistributes risk across tranches.Liquidation becomes the last resort, not the first reaction. ...