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  1. Risk
  2. Liquidator

Lost money after the ordinals auction finished

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Last updated 1 month ago

The Bitcoin, Runes token will be liquidated next block, so the risk of losing money by liquidating Bitcoin, Runes will be only one block time.

The ordinals auction will be last more than one day with blocks, a liquidator may lost money if the price drop too much after the auction finished after those blocks. But if the ordinals owner repay the money back to keep his ordinals(mainly grail PFP for identity), you will get fine the owner paid for taking this risk.

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