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  1. Comptroller

Liquidation Incentive

The additional collateral given to liquidators as an incentive to perform liquidation of underwater accounts. For example, if the liquidation incentive is 1.1, liquidators receive an extra 10% of the borrowers collateral for every unit they close.

Comptroller

function liquidationIncentiveMantissa() view returns (uint)
  • RETURN: The liquidationIncentive, scaled by 1e18, is multiplied by the closed borrow amount from the liquidator to determine how much collateral can be seized.

Solidity

Comptroller troll = Comptroller(0xABCD...);
uint closeFactor = troll.liquidationIncentiveMantissa();

Web3 1.0

const troll = Comptroller.at(0xABCD...);
const closeFactor = await troll.methods.liquidationIncentiveMantissa().call();
PreviousClose FactorNextKey Events

Last updated 3 years ago