Liquidation Market
Liquidation market helps to prevent #dev DeFi from losing lenders' capital.
When the margin level of a borrowing position falls below the minimum margin level, the corresponding collateral will be posted on the liquidation market at 8% discount from market value for anyone to take. By closing at-risk borrowing positions, liquidators help #dev DeFi recover the borrowing assets and make profit from the discounted collateral.
200% is the minimum Value-to-loan ratio to any supported asset on #dev DeFi.
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