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  • Introduction
  • QTokens
    • Transfer
    • Total Supply
    • Underlying Balance
    • Exchange Rate
    • Get Cash
    • Total Borrow
    • Borrow Balance
    • Borrow Rate
    • Supply Rate
    • Total Reserve
    • Reserve Factor
    • Key Events
  • Qore
    • Market List
    • Enter Markets
    • Exit Markets
    • Get Markets In
    • Supply
    • Redeem with QToken
    • Redeem with Underlying
    • Borrow
    • Repay Borrow
    • Repay Borrow Behalf
    • Liquidate Borrow
    • Get Account Liquidity
    • Market Information
    • Close Factor
    • Liquidation Incentive
    • Qubit Distribution Speeds
    • Pending Qubit (or Accrued Qubit)
    • Claim Qubit
    • Key Events
  • Qubit Locker
    • qScore
    • Total qScore
    • Deposit
    • Locked Balance
    • Locked Period
    • Extend Lock Period
    • Unlocked Balance
    • Withdraw
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  • Qore
  • Solidity
  • Ethers.js

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  1. Qore

Liquidation Incentive

The additional collateral given to liquidators as an incentive to perform liquidation of underwater accounts. For example, if the liquidation incentive is 1.1, liquidators receive an extra 10% of the borrowers collateral for every unit they close.

Qore

function liquidationIncentive() external view returns (uint);
  • RETURN: The liquidation Incentive, scaled by 1e18, is multiplied by the closed borrow amount from the liquidator to determine how much collateral can be seized.

Solidity

Qore qore = Qore(<qoreAddress>);
uint incentive = qore.liquidationIncentive();

Ethers.js

const qore = await ethers.getContractAt(<qoreABI>, <qoreAddress>);
const incentive = await qore.liquidationIncentive();
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Last updated 3 years ago

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