⏳Liquidation

Users can take the role of Liquidators in the RADE ecosystem, by assisting the protocol mitigate risky loan accounts by partially or fully liquidating the collateral to cover the borrower’s loan defaults. Market forces can also effect the value of the collateralized asset and decrease the collateralization ratio of the loans. Such loan accounts(Nests) can also be liquidated by Liquidators and get liquidation rewards.

Keep and eye on this space. More information will follow soon.