Market exchange rate down to 1820 USDT for 1 ETH - margin call level.
Liquidation engine initiates liquidation the position in 5 ETH.
Reward for Credit funds 10% annual rate for 3 days = 8 USDT
Reward in Deposit protocol 2% annual rate for 3 days = 0.0008 ETH = 2 USDT
Total reward equal 10 USDT splits on 90% to ALP and 10% to iFund
Liquidation engine receives liquidation fee 10 USDT
Last updated 2 years ago