Svmuu News: Ostium, an RWA trading platform on Arbitrum, announced that the team is working to relaunch the platform this week, with auditors, third-party cybersecurity experts, and the engineering team currently conducting final checks.
Ostium stated that once trading resumes, open positions will be repriced based on real-time market prices at the time of resumption and will not be liquidated due to price fluctuations during the suspension period; however, if a position falls below the liquidation threshold at the time of resumption, liquidation will be executed; pending orders will remain unchanged.
Regarding affected liquidity providers, Ostium Labs stated that it is developing a recovery plan and intends to fund compensation from its own balance sheet in collaboration with existing and new partners; specific details will be announced at a later date.
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Ostium plans to use funds from its own balance sheet to compensate affected liquidity providers
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Source：Odaily · Source Link
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