Learn how to cover the debt of under-collateralized 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:
Trigger a liquidation by calling the
method. You'll earn 0.67% of the borrower's collateral.
Pay off bad debt by calling the
method and set
. 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
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