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E-L

What happens to the collateral when liquidated vaults do not

get bid on? Are they burned?

#blockchain #cryptocurrency #defichain #english
0

3 ответов

6 просмотров
Ying Zhong-

A few scenarios can take place if no bid is placed on liquidated vaults: 1) If oracle prices shift sufficiently to bring the vault’s collateralization ratio above the minimum requirement, the vault will be reinstated to Healthy state (i.e. back to the owner) 2) If oracle prices do not shift sufficiently to bring the vault’s col ratio above min requirement, the vault will continue being in auction

0
10.12.2021
E-L Автор вопроса
Ying Zhong
A few scenarios can take place if no bid is placed...

Wow nice! Hope for the vault owner, so either these 2 scenarios are only activated after the liquidation time limit ends?

0
10.12.2021

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