Lpotic
  • Introduction
  • Lpotic Trade
  • Lpotic Decentralized Oracle Network
    • Asset Classes
    • Trading Mechanics
    • Opening & Closing Positions
  • Slippage Mechanism & Liquidation Process
    • Liquidation Mechanism
    • Liquidation Residual Value
    • Fee Structure
    • Fee Allocation
  • lUSDT Vault
    • lUSDT Token
    • lUSDT Minting and Burning
  • $LPOTIC Tokenomics
    • $LPOTIC Allocation
    • Token Functionality
  • Lpotic DAO
  • Roadmap
  • Disclaimer
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  1. Slippage Mechanism & Liquidation Process

Liquidation Residual Value

  • Formula: Liquidation Residual Value = Collateral Value - Order PnL - Order Fee (Opening Fee + Borrowing Fee + Rollover Interest) - Liquidation Fee (Oracle Fee + Liquidation Order Fee).

  • Reward Distribution: After executing the liquidation order, a portion of the residual collateral value is rewarded to the liquidation bot in USDT, with the rest sent to the lUSDT Vault.

Liquidation Residual Value

  • Formula: Liquidation Residual Value = Collateral Value - Order PnL - Order Fee (Opening Fee + Borrowing Fee + Rollover Interest) - Liquidation Fee (Oracle Fee + Liquidation Order Fee).

  • Reward Distribution: After executing the liquidation order, a portion of the residual collateral value is rewarded to the liquidation bot in USDT, with the rest sent to the lUSDT Vault.

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Last updated 1 year ago