🎯Incentive and Risk

For Liquidators:

• Earn rewards via the Liquidation Bonus.

• Help protect the protocol by reducing under-collateralized debt.

• Open participation: permissionless and automated.

For Borrowers:

• Strong incentive to maintain safe Health Factors.

• Only partial liquidation is applied — never a full, sudden wipe-out.

• Opportunity to recover if market conditions improve.