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
liquidate method. You'll earn 0.67% of the borrower's collateral.
Pay off bad debt by calling the
returnAsset method and set
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.