Liquidators are the keepers of the protocol, responsible for liquidating underwater trades or accounts, converting and transferring fees generated by the protocol. To be a liquidator, you will need to stake MFI and run a liquidation system.
Liquidators receive a 5% reward on liquidated leverage position
Liquidators have to stake MFI for the right to call liquidation
Staked MFI can be seized if a liquidator fails to call liquidation