Who Liquidates

Anyone can be a liquidator; any user can liquidate another user's position. They can do this by sending a liquidation call to the network, and by providing the needed amount of capital to close the user's debt. 50% of a person's ꜰToken collateral is liquidated in a single liquidation call. Although usually only a single call is required to close the debt, the liquidator can keep calling liquidation operations until the user is back within the boundaries of their Borrow Limit. Liquidations help keep the network healthy and balanced. For doing so, the liquidator is rewarded 5% of the liquidated ꜰToken.

To learn how to commit liquidation operations, and for everything needed to run a liquidation bot, visit this repo: https://github.com/StableTechnologies/tezfin-indexer