Monroe Protocol
  • Overview
    • Introduction
    • General
  • Concepts
    • Yield-bearing LST/LRT
    • Omnichain
    • Peg stability Overview
    • Redemption & Capital efficiency
    • Defence Against Sell Pressure
    • Safety Pool
    • Oracle
  • Guides
    • Managing a vault
    • Mint & Redeem Stablecoin
    • Liquidations
    • Auctions
    • Crosschain Transfer
  • Security
    • Audits
    • Oracles
  • Various
    • Points Calculation & Community
    • Deployment Addresses
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  1. Guides

Liquidations

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Last updated 9 months ago

When the health factor falls below the limit (by default 150%), a position can be liquidated.

Liquidators earn between 2% - 10% that rises linearly as the health factor decreases from 150% to 120%.

The page shows a list of existing vaults, ordered by increasing health factor.

Click on a vault then choose an amount of debt to repay. The liquidation bonus shows the bonus perceived, in collateral terms.

In the screenshot example, if you repay 100 RoeUSD of user debt, you'll get $103.9 worth of STONE collateral, at the current price.