Wild Credit
  • Introduction
  • Wild Tokenomics
    • Token Migration
    • WILD Token
    • veWILD staking
    • WILD Rewards
  • Lending
    • Interest Rates
    • Safety Ratio
    • Minimum Borrow Amounts
  • Core Concepts
    • Lending Pair
    • Market Participants
    • Providing Liquidity
  • Advanced Concepts
    • Price Oracles
    • Liquidations
    • Fee distributions
  • Contract Docs
    • Lending Pair
    • Pair Factory
    • Controller
  • Contract Addresses
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  1. Advanced Concepts

Liquidations

PreviousPrice OraclesNextFee distributions

Last updated 3 years ago

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To understand how the price oracles work, see .

For each lending pair, Wild Credit allows you to deposit one token and borrow the other. Your safety ratio must stay above 1.0, else your account may be liquidated.

Each lending pair is isolated. Meaning your balances, safety ratio and liquidations for one pair will not affect your ratio or balances in other lending pairs.

When an account is liquidated, your collateral is sold based on the current oracle price to repay all your debt.

The liquidation penalty is a sum of and values.

At the time of writing, the total liquidation fee is 12%.

Price Oracles
controller.liqFeeSystem
controller.liqFeeCaller