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Liquidation bot

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. 1.
    Trigger a liquidation by calling the liquidate method. You'll earn 0.67% of the borrower's collateral.
  2. 2.
    Pay off bad debt by calling the returnAsset method and set repay to FALSE. You'll purchase collateral at up to a 10% discount from market price.
You can set up your own bot by looking at the smart contract code.