Liquidation Engine & The Keeper Network
Our liquidation engine is designed to be efficient and decentralized, powered by a permissionless keeper network.
Process: When an account's collateral falls below its Maintenance Margin requirement, it is flagged. Any external keeper can then trigger a partial liquidation, closing just enough of the position to return the account to a safe margin level.
Incentives: Keepers are rewarded with a percentage of the liquidated collateral, creating a competitive market that ensures the protocol's health.
Last updated