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Fair liquidation price #12

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0xmikko opened this issue Nov 18, 2022 · 0 comments
Open

Fair liquidation price #12

0xmikko opened this issue Nov 18, 2022 · 0 comments
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@0xmikko
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0xmikko commented Nov 18, 2022

At the moment, credit manager provides liquidation premium = totalValue * liquidationPremium.
For some cases, if account has very valkid assets with low LT (for example 25%), such account could be liquidation and the premium would be unfairly high.

Idea is to change the formula to liquidation premium = min(totalValue; borrowedAmount) * liquidationPremium. At this case, bad accounts will have the same amount, however healthy accs which keep assets in token with low LT would get more fair amount
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