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Liquidation
margin call, stake and earn
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
    Staked MFI also earn staking reward
To set up a liquidation system, click here
How is liquidation calculated
The formula for calculating the point when liquidation occurs is:
amountBorrowedWithCompoundInterest * 115 / 100
Last modified 1mo ago
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