How To Perform Mass Liquidation

When a loan is overdue or its Health Factor is ≤ 1, it becomes eligible for liquidation, which protects the lender’s funds by repaying the debt with the borrower’s collateral.

Step 1: Access the Loan Liquidation List

1. Navigate to the Fixed Rate Lending menu.

2. Select Loan Liquidate from the options

3. You will see a list of loans eligible for liquidation.

Step 2: Select a Loan to Liquidate

1. Review the list and choose a loan based on the collateral you are willing to use.

2. Click the Liquidate button

Step 3: Sign to Confirm

1. Once you’ve clicked Liquidate, a wallet prompt will appear.

2. Sign the transaction in your wallet to confirm and complete the liquidation.