Paradefis mission is to make DeFi accessible, scalable, and transparent to the global. Integrating with Chainlinks Oracle Solution will bring real-world data on any events happening in the system securely and accurately.
Open Finance movement takes this promise a step further, So it's better for the decentralized finance.
When a trader goes under margin maintenance (15%), they are only partially liquidated, bringing their current margin to 25%. Only liquidating as much as necessary reduces the risk of slippage from large liquidations.
there is an insurance fund which protects lenders. In the case that a lender would lose their principal, the insurance fund will automatically disburse funds to the lender.