Liquidate Positions
If you have a liquidation bot, you can apply to join our liquidator whitelist by emailing [email protected]
Liquidation involves calling a contract to liquidate positions with Safety Buffers below 0. There is a total Liquidation Bounty of 5%. The party calling the contract, aka liquidator, receives 1% of the liquidated position value as the liquidation fee.
4% of the 5% liquidation fee goes towards buyback & burn of ALPACA.
To liquidate positions, your bot needs to be an EOA bot, and what it has to do is call the kill method in the vault contract.
Last modified 2yr ago