Liquidation Process
Executing process
When a liquidation happens, a 5% liquidation will be deducted to reward the liquidator bot.
Then the position value will be calculated and pay back the debt to the lender (Vault).
The rest value in the position will be returned to the trader or farmer.
Return Value to trader/farmer = Position value - Liquidation fee - Debt value (include interest)
More details about the Secure Liquidation Mechanism
Secure LiquidationLast updated