EpsiLoan Protocol
  • 🌐EpsiLoan Protocol
    • Overview
    • Diversifying Collateral Options
    • The motivation behind EpsiLoan
    • Key benefits of EpsiLoan
    • Main use cases
  • ⚙️The power of Eigen Layer
    • Empowering Ethereum Security
    • Getting Started with EigenLayer Participation
    • Welcome to the World of LRTs
  • 🔑Protocol Concepts
    • Exploring the Spectrum of Stablecoins
    • Introducing EpsiLoan's yUSD
    • Collateral types
    • Vaults
      • Flexible Loan Duration with No Set Payback Period
      • Vault Collateral Ratio: Ensuring Stability and Flexibility
    • Fees
    • Minimum Collateral Ratio (MCR) and Recommended Collateral Ratio
    • Stability Pool and Liquidations
      • Deposit yUSD to the Stability Pool: Benefits and Incentives
      • Liquidations in the EpsiLoan Ecosystem: Ensuring System Stability
      • Vault Liquidators
      • Benefits for Stability Providers
      • What happens if liquidations occur while the stability pool is unfunded?
      • What is Overall Liquidation?
    • yUSD Price Stability and Rigid Redemptions
      • Rigid Redemptions in yUSD: Ensuring Stability with Fees
      • Is a redemption the same as paying back the debt?
      • Redemption Provider
      • Can I avoid being redeemed against?
    • Keepers and Liquidators
      • How Do I Benefit as a Liquidator?
      • How to Become a Liquidator?
  • epsilon dao tokenomics
    • Overview
    • ELN and xELN
    • Token Utilities
    • Fees and Rewards
    • Total Supply and Allocation
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  1. Protocol Concepts
  2. Keepers and Liquidators

How Do I Benefit as a Liquidator?

Users familiar with deploying 3rd party liquidation bots can perform a liquidation on borrowers (minters) earning a 10% liquidation reward. You can also enable the liquidator feature, grant a third-party Keeper access to your funds, and allow them to carry out the liquidation process in exchange for a portion of the 10% liquidation reward (9% to the liquidator and 1% to the Keeper).

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Last updated 1 year ago

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