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.
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.
Qore qore = Qore(<qoreAddress>);
uint incentive = qore.liquidationIncentive();
const qore = await ethers.getContractAt(<qoreABI>, <qoreAddress>);
const incentive = await qore.liquidationIncentive();
Last modified 1yr ago