Its not my first time getting burned by a defi project, but it was the first time where the network itself was a major contributor to my losses.
If it weren't for the Polygon network going down my stop loss protection would have exited my pools and limited my losses to around 10% instead of 100%.
Reminds of my retail trading days and waking up to see a stock gap below my stop loss during after-hours.
This is one of the fundamental flaws with many L2 networks. The lower fees are enabled by a centralization of the versifiers which makes them more susceptible to high loads and DDOS attacks like this.
BTC and ETH have both been the victims of DDOS attacks in the past, but it takes orders of magnitude more money to do it because of the high gas fees on those networks.