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
Navigate to the Fixed Rate Lending menu.
Select Loan Liquidate from the options
You will see a list of loans eligible for liquidation.
Step 2: Select a Loan to Liquidate
Review the list and choose a loan based on the collateral you are willing to use.
Click the Liquidate button
Step 3: Sign to Confirm
Once you’ve clicked Liquidate, a wallet prompt will appear.
Sign the transaction in your wallet to confirm and complete the liquidation.
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