Blast-based Pac Finance unexpectedly liquidates users for $26 million

Blast-based lending protocol Pac Finance confirmed that its liquidation threshold was changed unexpectedly without prior information to its team, resulting in significant user losses. This issue is representative of the ongoing challenges faced by DeFi protocols on the Ethereum layer-2 network, Blast. Last month, Munchables, a web3 game operating on this network, suffered a loss […] source: https://cryptoslate.com/blast-based-pac-finance-unexpectedly-liquidates-users-for-26-million/