UMA 🥚 (@UMAprotocol): Lending protocols are overpaying for liquidations.
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Lending protocols are overpaying for liquidations. The amount overpaid doesn't secure the protocol. It gets lost to the MEV supply chain. With Oval, the market sets the price of a liquidation and the difference goes to the protocol as revenue. Hear more from @hal2001. https://t.co/K10TH8ssNF