7min chapter

Bankless cover image

Hasu & Hart on Oval & The Recapturing of Billions in DeFi Liquidations

Bankless

CHAPTER

Liquidation, Collateral Prices, and Auctions

This chapter explores the concept of liquidation in lending markets and how auctions can determine the fair price of collateral. It also discusses the role of off-chain actors in providing valuable information and the benefits of parameterization in DeFi applications.

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