HF below 1.000. First caller wins. Gas sponsored for the first 3 ops per block.
| Borrower | Debt | Collateral | Health factor | Bonus to you | |
|---|---|---|---|---|---|
| Scanning Pledged events… | |||||
Health factor 1.000 – 1.250. One tick from becoming callable. Sorted by proximity.
| Borrower | Debt | Collateral | Health factor | Drop until liq | |
|---|---|---|---|---|---|
| No positions in the watch zone. | |||||
| When | Liquidator | Target | Debt repaid | Bonus |
|---|---|---|---|---|
| No liquidations in the last 24h. | ||||
Pyth oracle update pushes a position's loan-to-value above the liquidation threshold. The vault flags it as callable.
You repay up to 50% of the borrower's outstanding debt in USDG. Gas is sponsored for the first three callers per block.
The vault transfers the repaid value worth of the borrower's collateral plus a 5% bonus to your wallet. Settled atomically.
Their health factor climbs back above 1.000. They keep the remaining collateral. Protocol solvency is maintained.