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.
Toliquidate positions, your bot needs to be an EOA bot, and what it has to do is call the kill method in the vault contract.