Liquidation
A liquidation contract allows any outside participant to buy part of the collateral at a discount. If a liquidation event occurs, up to 50% of the loan can be liquidated, which will bring the health factor back above 1.
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A liquidation contract allows any outside participant to buy part of the collateral at a discount. If a liquidation event occurs, up to 50% of the loan can be liquidated, which will bring the health factor back above 1.
Last updated
