hy, thats ok, but didnt giancarlo some days ago did say that you only will halt, if htere was a glitch/manipulation, but not if a market crash happens? same thing imho happened with the bistamp-fee-integration, first you anncounced it, then still 0.35% fees were deducted from trades. that seems a bit inconsistent
Well, in this case, there was no glitch, everything worked as intended, but this is not the point. The point is that if we did not halted the trading engine, the price would have go to almost 0 as all positions would be liquidated.
Halting the trading, like it is done on lots of other exchanges/markets on certain conditions, allows the price to stabilized and stopped the liquidations "on chain".
I know it's annoying, but this had to be done.
Thank you
Raphael