Cointime

Download App
iOS & Android

Jupiter Lianchuang: In the future, the team will focus on more powerful monitoring, optimization and completing some new experiments

Jupiter stated in a post on X: "We are sorry that our platform did not operate according to the high standards we set for ourselves. The team will work hard in the coming weeks to address these issues."

Jupiter co-founder Meow stated: "I must admit that when the number of tokens that users want to trade surged to 100-20,000, we were a bit caught off guard and had to completely redo the main part of the architecture. We will work together as a team to strengthen monitoring, optimization, and carry out some new experiments, some of which are short-term, some are medium-term, and some are just for fun. We will work hard for this."

Yesterday, Jupiter co-founder Meow released a supplementary statement on some of the issues that Jupiter platform faced last week, including:

Priority gas fee calculation error: There was an error in the estimation of priority fees when calculating the gas required for front-end execution, which is not easy to occur under normal circumstances but became a major problem during severe congestion. The team takes full responsibility for this.

DCA shutdown issue: Due to CU estimation errors, the platform's DCA function was shut down for about 6 hours, resulting in user orders not being executed. The team deeply apologizes for this and will review operations to increase alertness.

Low liquidity tokens: To ensure the safe execution of DCA, the platform performs price and slippage checks before trading. However, the marked price of low liquidity tokens may differ significantly from the execution price, causing the engine to be unable to execute the transaction. The team will improve the user interface, add more information, and optimize security check methods.

Future plans: The team plans to add more information to the user interface and gradually implement intelligent security checks to address existing issues.

Comments

All Comments

Recommended for you

  • Putin: Russia "supports" Harris, calls her smile "contagious"

    According to foreign media such as TASS and Russia's Sputnik News, Jinse Finance reported that on the afternoon of September 5th local time, Russian President Putin said at the plenary session of the Eastern Economic Forum 2024 that Russia will "support" the US Democratic Party presidential candidate and vice president Harris as recommended by the US President Biden in the upcoming US presidential election. When asked how he viewed the 2024 US election, Putin said it was the choice of the American people. The new US president will be elected by the American people, and Russia will respect the choice of the American people. Putin also said that just as Biden suggested his supporters to support Harris, "we will do the same, we will support her." The report said that Putin also joked that Harris' laughter is "expressive and infectious," which shows that "she is doing everything well." He added that this may mean that she will avoid further sanctions against Russia.
  • Federal Reserve Beige Book: Respondents generally expect economic activity to remain stable or improve

    The Federal Reserve's Beige Book pointed out that economic activity in three regions has slightly increased, while the number of regions reporting flat or declining economic activity has increased from five in the previous quarter to nine in this quarter. Overall employment levels remain stable, although some reports indicate that companies are only filling necessary positions, reducing working hours and shifts, or reducing overall employment levels through natural attrition. However, reports of layoffs are still rare. Generally speaking, wage growth is moderate, and the growth rate of labor input costs and sales prices ranges from slight to moderate. Consumer spending has declined in most regions, while in the previous reporting period, consumer spending remained stable overall.
  • Nvidia: No subpoena received from the US Department of Justice

    Nvidia (NVDA.O) stated that it has not received a subpoena from the US Department of Justice.
  • Pudgy Penguins CEO:何为消费级加密货币应用

    加密货币行业中的一些 builder 努力地重复造轮。如今,一些突破性的消费级产品,若是能基于区块链打造并利用好加密货币的激励机制,其规模可能是现在的 10 倍。与其试图重新创建一种模式,不如利用现有的模式进行加密化改造。我认为,许多尚未面世的消费级加密货币应用在 Web2 中都有对应的产品,它们正等待着通过加密货币释放巨大的增长潜力。
  • Why We Created Growthly: Revolutionizing Web3 Growth

    Why We Created Growthly: Revolutionizing Web3 Growth
  • Xangle ·

    Cypherpunk 2024 Part.1

    In today’s world, the internet has woven itself into nearly every aspect of our lives, influencing how we work, socialize, and think. The sheer amount of personal information stored on a single device could easily reconstruct someone’s entire life. B
  • Forest Expedition Launch: Today, A Forest Goes Fully On-Chain! 🌳

    Today marks an unprecedented achievement: a forest fully on-chain. This milestone represents a revolutionary step forward in the Mint Blockchain and Web3 ecosystem.
  • Xangle ·

    NEAR 2Q24 Review

    NEAR Protocol (NEAR) is a layer 1 blockchain that employs the threshold Proof of Stake (TPoS) consensus mechanism. Designed for performance, security, and scalability, NEAR is both user-friendly and carbon-neutral. Recently, NEAR has gained traction
  • Xangle ·

    Not Just a Made Up Story

    On August 19, 2024, authors Andrea Bartz, Charles Graeber, and Kirk Wallace Johnson filed a class-action lawsuit against AI company Anthropic, accusing the company of illegally downloading copyrighted books to train its AI model, Claude. Just a month
  • IVS Crypto 2024 Recap: Insights from Industry Leaders on Web3 Gaming

    IVS Crypto 2024 Recap: Insights from Industry Leaders on Web3 Gaming