Learn how to cover the debt of under-collateralised positions and earn up to a 10% profit.
Set up a liquidation bot to earn even more from Balanced. There are 2 ways to profit from liquidation events:
- 1.Trigger a liquidation by calling the
liquidatemethod. You'll earn 0.67% of the borrower's collateral.
- 2.Pay off bad debt by calling the
returnAssetmethod and set
FALSE. You'll purchase collateral at up to a 10% discount from market price.