Increasing my upside potential on @mars_protocol by dabbling with leverage yield farming using the @ApolloDAO OSMO/WBTC LP.
24 Nov 2023, 11:24
Increasing my upside potential on @mars_protocol by dabbling with leverage yield farming using the @ApolloDAO OSMO/WBTC LP đ´đš
Keeping myself safe by creating a degen credit account, just incase things go pear shaped đđ
Did someone say 120% APY đ¤ˇââď¸đ
Same news in other sources
1924 Nov 2023, 11:39
VIP-209 Add forced liquidations for individual accounts into the Core pool.
Summary
If passed, this VIP will upgrade the implementation of the Comptroller contract of the Core pool, including the feature âforced liquidations for individual accountsâ, as an extension of the feature included in VIP-172.
Description
This VIP upgrades the implementation of the Comptroller contract in the core pool, including the feature âforced liquidations for individual accountsâ, that will be initially disabled for every market and account.
If âforced liquidations for individual accountsâ are enabled for an account in a market, borrow positions of the specific user can be liquidated in that market even when the health rate of the user is greater than 1 (i.e. when the account is collateralized). Additionally, the close factor check is ignored, allowing the liquidation of 100% of the debt in one transaction.
This feature is based on the implementation done by Compound V2 here. Compound V2 allows âforced liquidationsâ on markets as soon as the Collateral factor is zero, the Reserve factor is 100% and the borrows are paused. Venus defines a feature flag to enable/disable âforced liquidations for individual accountsâ, configurable directly via VIP, not based on other parameters. This feature is an extension of the feature suggested by Chaos Labs, and deployed in VIP-172.
To check if âforced liquidations for individual accountsâ are enabled for an account in one market, the function "Comptroller.isForcedLiquidationEnabledForUser(account address, vToken address)" can be called on the Comptroller contract of the pool, providing the address of the account and market to check.
Finally, this VIP will authorize Normal, Fast-track and Critical timelocks to enable and disable the forced liquidations for individual accounts on any market of the Core pool.
Additional details and vote in the VIP description.
Vote đ
VIP-209 Add forced liquidations for individual accounts into the Core pool. Summary.
VIP-209 Add forced liquidations for individual accounts into the Core pool.
Summary
If passed, this VIP will upgrade the implementation of the Comptroller contract of the Core pool, including the feature âforced liquidations for individual accountsâ, as an extension of the feature included in VIP-172.
Description
This VIP upgrades the implementation of the Comptroller contract in the core pool, including the feature âforced liquidations for individual accountsâ, that will be initially disabled for every market and account.
If âforced liquidations for individual accountsâ are enabled for an account in a market, borrow positions of the specific user can be liquidated in that market even when the health rate of the user is greater than 1 (i.e. when the account is collateralized). Additionally, the close factor check is ignored, allowing the liquidation of 100% of the debt in one transaction.
This feature is based on the implementation done by Compound V2 here. Compound V2 allows âforced liquidationsâ on markets as soon as the Collateral factor is zero, the Reserve factor is 100% and the borrows are paused. Venus defines a feature flag to enable/disable âforced liquidations for individual accountsâ, configurable directly via VIP, not based on other parameters. This feature is an extension of the feature suggested by Chaos Labs, and deployed in VIP-172.
To check if âforced liquidations for individual accountsâ are enabled for an account in one market, the function "Comptroller.isForcedLiquidationEnabledForUser(account address, vToken address)" can be called on the Comptroller contract of the pool, providing the address of the account and market to check.
Finally, this VIP will authorize Normal, Fast-track and Critical timelocks to enable and disable the forced liquidations for individual accounts on any market of the Core pool.
Additional details and vote in the VIP description.
Vote đ
https://app.venus.io/#/governance/proposal/209
24 Nov 2023, 11:39
VIP-209 Add forced liquidations for individual accounts into the Core pool.
Summary
If passed, this VIP will upgrade the implementation of the Comptroller contract of the Core pool, including the feature âforced liquidations for individual accountsâ, as an extension of the feature included in VIP-172.
Description
This VIP upgrades the implementation of the Comptroller contract in the core pool, including the feature âforced liquidations for individual accountsâ, that will be initially disabled for every market and account.
If âforced liquidations for individual accountsâ are enabled for an account in a market, borrow positions of the specific user can be liquidated in that market even when the health rate of the user is greater than 1 (i.e. when the account is collateralized). Additionally, the close factor check is ignored, allowing the liquidation of 100% of the debt in one transaction.
This feature is based on the implementation done by Compound V2 here. Compound V2 allows âforced liquidationsâ on markets as soon as the Collateral factor is zero, the Reserve factor is 100% and the borrows are paused. Venus defines a feature flag to enable/disable âforced liquidations for individual accountsâ, configurable directly via VIP, not based on other parameters. This feature is an extension of the feature suggested by Chaos Labs, and deployed in VIP-172.
To check if âforced liquidations for individual accountsâ are enabled for an account in one market, the function "Comptroller.isForcedLiquidationEnabledForUser(account address, vToken address)" can be called on the Comptroller contract of the pool, providing the address of the account and market to check.
Finally, this VIP will authorize Normal, Fast-track and Critical timelocks to enable and disable the forced liquidations for individual accounts on any market of the Core pool.
Additional details and vote in the VIP description.
Vote đ
VIP-209 Add forced liquidations for individual accounts into the Core pool. Summary.
VIP-209 Add forced liquidations for individual accounts into the Core pool.
Summary
If passed, this VIP will upgrade the implementation of the Comptroller contract of the Core pool, including the feature âforced liquidations for individual accountsâ, as an extension of the feature included in VIP-172.
Description
This VIP upgrades the implementation of the Comptroller contract in the core pool, including the feature âforced liquidations for individual accountsâ, that will be initially disabled for every market and account.
If âforced liquidations for individual accountsâ are enabled for an account in a market, borrow positions of the specific user can be liquidated in that market even when the health rate of the user is greater than 1 (i.e. when the account is collateralized). Additionally, the close factor check is ignored, allowing the liquidation of 100% of the debt in one transaction.
This feature is based on the implementation done by Compound V2 here. Compound V2 allows âforced liquidationsâ on markets as soon as the Collateral factor is zero, the Reserve factor is 100% and the borrows are paused. Venus defines a feature flag to enable/disable âforced liquidations for individual accountsâ, configurable directly via VIP, not based on other parameters. This feature is an extension of the feature suggested by Chaos Labs, and deployed in VIP-172.
To check if âforced liquidations for individual accountsâ are enabled for an account in one market, the function "Comptroller.isForcedLiquidationEnabledForUser(account address, vToken address)" can be called on the Comptroller contract of the pool, providing the address of the account and market to check.
Finally, this VIP will authorize Normal, Fast-track and Critical timelocks to enable and disable the forced liquidations for individual accounts on any market of the Core pool.
Additional details and vote in the VIP description.
Vote đ
https://app.venus.io/#/governance/proposal/209
24 Nov 2023, 11:39
VIP-209 Add forced liquidations for individual accounts into the Core pool.
Summary
If passed, this VIP will upgrade the implementation of the Comptroller contract of the Core pool, including the feature âforced liquidations for individual accountsâ, as an extension of the feature included in VIP-172.
Description
This VIP upgrades the implementation of the Comptroller contract in the core pool, including the feature âforced liquidations for individual accountsâ, that will be initially disabled for every market and account.
If âforced liquidations for individual accountsâ are enabled for an account in a market, borrow positions of the specific user can be liquidated in that market even when the health rate of the user is greater than 1 (i.e. when the account is collateralized). Additionally, the close factor check is ignored, allowing the liquidation of 100% of the debt in one transaction.
This feature is based on the implementation done by Compound V2 here. Compound V2 allows âforced liquidationsâ on markets as soon as the Collateral factor is zero, the Reserve factor is 100% and the borrows are paused. Venus defines a feature flag to enable/disable âforced liquidations for individual accountsâ, configurable directly via VIP, not based on other parameters. This feature is an extension of the feature suggested by Chaos Labs, and deployed in VIP-172.
To check if âforced liquidations for individual accountsâ are enabled for an account in one market, the function "Comptroller.isForcedLiquidationEnabledForUser(account address, vToken address)" can be called on the Comptroller contract of the pool, providing the address of the account and market to check.
Finally, this VIP will authorize Normal, Fast-track and Critical timelocks to enable and disable the forced liquidations for individual accounts on any market of the Core pool.
Additional details and vote in the VIP description.
Vote đ
VIP-209 Add forced liquidations for individual accounts into the Core pool. Summary.
VIP-209 Add forced liquidations for individual accounts into the Core pool.
Summary
If passed, this VIP will upgrade the implementation of the Comptroller contract of the Core pool, including the feature âforced liquidations for individual accountsâ, as an extension of the feature included in VIP-172.
Description
This VIP upgrades the implementation of the Comptroller contract in the core pool, including the feature âforced liquidations for individual accountsâ, that will be initially disabled for every market and account.
If âforced liquidations for individual accountsâ are enabled for an account in a market, borrow positions of the specific user can be liquidated in that market even when the health rate of the user is greater than 1 (i.e. when the account is collateralized). Additionally, the close factor check is ignored, allowing the liquidation of 100% of the debt in one transaction.
This feature is based on the implementation done by Compound V2 here. Compound V2 allows âforced liquidationsâ on markets as soon as the Collateral factor is zero, the Reserve factor is 100% and the borrows are paused. Venus defines a feature flag to enable/disable âforced liquidations for individual accountsâ, configurable directly via VIP, not based on other parameters. This feature is an extension of the feature suggested by Chaos Labs, and deployed in VIP-172.
To check if âforced liquidations for individual accountsâ are enabled for an account in one market, the function "Comptroller.isForcedLiquidationEnabledForUser(account address, vToken address)" can be called on the Comptroller contract of the pool, providing the address of the account and market to check.
Finally, this VIP will authorize Normal, Fast-track and Critical timelocks to enable and disable the forced liquidations for individual accounts on any market of the Core pool.
Additional details and vote in the VIP description.
Vote đ
https://app.venus.io/#/governance/proposal/209
24 Nov 2023, 11:39
VIP-209 Add forced liquidations for individual accounts into the Core pool.
Summary
If passed, this VIP will upgrade the implementation of the Comptroller contract of the Core pool, including the feature âforced liquidations for individual accountsâ, as an extension of the feature included in VIP-172.
Description
This VIP upgrades the implementation of the Comptroller contract in the core pool, including the feature âforced liquidations for individual accountsâ, that will be initially disabled for every market and account.
If âforced liquidations for individual accountsâ are enabled for an account in a market, borrow positions of the specific user can be liquidated in that market even when the health rate of the user is greater than 1 (i.e. when the account is collateralized). Additionally, the close factor check is ignored, allowing the liquidation of 100% of the debt in one transaction.
This feature is based on the implementation done by Compound V2 here. Compound V2 allows âforced liquidationsâ on markets as soon as the Collateral factor is zero, the Reserve factor is 100% and the borrows are paused. Venus defines a feature flag to enable/disable âforced liquidations for individual accountsâ, configurable directly via VIP, not based on other parameters. This feature is an extension of the feature suggested by Chaos Labs, and deployed in VIP-172.
To check if âforced liquidations for individual accountsâ are enabled for an account in one market, the function "Comptroller.isForcedLiquidationEnabledForUser(account address, vToken address)" can be called on the Comptroller contract of the pool, providing the address of the account and market to check.
Finally, this VIP will authorize Normal, Fast-track and Critical timelocks to enable and disable the forced liquidations for individual accounts on any market of the Core pool.
Additional details and vote in the VIP description.
Vote đ
VIP-209 Add forced liquidations for individual accounts into the Core pool. Summary.
VIP-209 Add forced liquidations for individual accounts into the Core pool.
Summary
If passed, this VIP will upgrade the implementation of the Comptroller contract of the Core pool, including the feature âforced liquidations for individual accountsâ, as an extension of the feature included in VIP-172.
Description
This VIP upgrades the implementation of the Comptroller contract in the core pool, including the feature âforced liquidations for individual accountsâ, that will be initially disabled for every market and account.
If âforced liquidations for individual accountsâ are enabled for an account in a market, borrow positions of the specific user can be liquidated in that market even when the health rate of the user is greater than 1 (i.e. when the account is collateralized). Additionally, the close factor check is ignored, allowing the liquidation of 100% of the debt in one transaction.
This feature is based on the implementation done by Compound V2 here. Compound V2 allows âforced liquidationsâ on markets as soon as the Collateral factor is zero, the Reserve factor is 100% and the borrows are paused. Venus defines a feature flag to enable/disable âforced liquidations for individual accountsâ, configurable directly via VIP, not based on other parameters. This feature is an extension of the feature suggested by Chaos Labs, and deployed in VIP-172.
To check if âforced liquidations for individual accountsâ are enabled for an account in one market, the function "Comptroller.isForcedLiquidationEnabledForUser(account address, vToken address)" can be called on the Comptroller contract of the pool, providing the address of the account and market to check.
Finally, this VIP will authorize Normal, Fast-track and Critical timelocks to enable and disable the forced liquidations for individual accounts on any market of the Core pool.
Additional details and vote in the VIP description.
Vote đ
https://app.venus.io/#/governance/proposal/209
24 Nov 2023, 11:39
VIP-209 Add forced liquidations for individual accounts into the Core pool.
Summary
If passed, this VIP will upgrade the implementation of the Comptroller contract of the Core pool, including the feature âforced liquidations for individual accountsâ, as an extension of the feature included in VIP-172.
Description
This VIP upgrades the implementation of the Comptroller contract in the core pool, including the feature âforced liquidations for individual accountsâ, that will be initially disabled for every market and account.
If âforced liquidations for individual accountsâ are enabled for an account in a market, borrow positions of the specific user can be liquidated in that market even when the health rate of the user is greater than 1 (i.e. when the account is collateralized). Additionally, the close factor check is ignored, allowing the liquidation of 100% of the debt in one transaction.
This feature is based on the implementation done by Compound V2 here. Compound V2 allows âforced liquidationsâ on markets as soon as the Collateral factor is zero, the Reserve factor is 100% and the borrows are paused. Venus defines a feature flag to enable/disable âforced liquidations for individual accountsâ, configurable directly via VIP, not based on other parameters. This feature is an extension of the feature suggested by Chaos Labs, and deployed in VIP-172.
To check if âforced liquidations for individual accountsâ are enabled for an account in one market, the function "Comptroller.isForcedLiquidationEnabledForUser(account address, vToken address)" can be called on the Comptroller contract of the pool, providing the address of the account and market to check.
Finally, this VIP will authorize Normal, Fast-track and Critical timelocks to enable and disable the forced liquidations for individual accounts on any market of the Core pool.
Additional details and vote in the VIP description.
Vote đ
VIP-209 Add forced liquidations for individual accounts into the Core pool. Summary.
VIP-209 Add forced liquidations for individual accounts into the Core pool.
Summary
If passed, this VIP will upgrade the implementation of the Comptroller contract of the Core pool, including the feature âforced liquidations for individual accountsâ, as an extension of the feature included in VIP-172.
Description
This VIP upgrades the implementation of the Comptroller contract in the core pool, including the feature âforced liquidations for individual accountsâ, that will be initially disabled for every market and account.
If âforced liquidations for individual accountsâ are enabled for an account in a market, borrow positions of the specific user can be liquidated in that market even when the health rate of the user is greater than 1 (i.e. when the account is collateralized). Additionally, the close factor check is ignored, allowing the liquidation of 100% of the debt in one transaction.
This feature is based on the implementation done by Compound V2 here. Compound V2 allows âforced liquidationsâ on markets as soon as the Collateral factor is zero, the Reserve factor is 100% and the borrows are paused. Venus defines a feature flag to enable/disable âforced liquidations for individual accountsâ, configurable directly via VIP, not based on other parameters. This feature is an extension of the feature suggested by Chaos Labs, and deployed in VIP-172.
To check if âforced liquidations for individual accountsâ are enabled for an account in one market, the function "Comptroller.isForcedLiquidationEnabledForUser(account address, vToken address)" can be called on the Comptroller contract of the pool, providing the address of the account and market to check.
Finally, this VIP will authorize Normal, Fast-track and Critical timelocks to enable and disable the forced liquidations for individual accounts on any market of the Core pool.
Additional details and vote in the VIP description.
Vote đ
https://app.venus.io/#/governance/proposal/209
24 Nov 2023, 11:39
VIP-209 Add forced liquidations for individual accounts into the Core pool.
Summary
If passed, this VIP will upgrade the implementation of the Comptroller contract of the Core pool, including the feature âforced liquidations for individual accountsâ, as an extension of the feature included in VIP-172.
Description
This VIP upgrades the implementation of the Comptroller contract in the core pool, including the feature âforced liquidations for individual accountsâ, that will be initially disabled for every market and account.
If âforced liquidations for individual accountsâ are enabled for an account in a market, borrow positions of the specific user can be liquidated in that market even when the health rate of the user is greater than 1 (i.e. when the account is collateralized). Additionally, the close factor check is ignored, allowing the liquidation of 100% of the debt in one transaction.
This feature is based on the implementation done by Compound V2 here. Compound V2 allows âforced liquidationsâ on markets as soon as the Collateral factor is zero, the Reserve factor is 100% and the borrows are paused. Venus defines a feature flag to enable/disable âforced liquidations for individual accountsâ, configurable directly via VIP, not based on other parameters. This feature is an extension of the feature suggested by Chaos Labs, and deployed in VIP-172.
To check if âforced liquidations for individual accountsâ are enabled for an account in one market, the function "Comptroller.isForcedLiquidationEnabledForUser(account address, vToken address)" can be called on the Comptroller contract of the pool, providing the address of the account and market to check.
Finally, this VIP will authorize Normal, Fast-track and Critical timelocks to enable and disable the forced liquidations for individual accounts on any market of the Core pool.
Additional details and vote in the VIP description.
Vote đ
VIP-209 Add forced liquidations for individual accounts into the Core pool. Summary.
VIP-209 Add forced liquidations for individual accounts into the Core pool.
Summary
If passed, this VIP will upgrade the implementation of the Comptroller contract of the Core pool, including the feature âforced liquidations for individual accountsâ, as an extension of the feature included in VIP-172.
Description
This VIP upgrades the implementation of the Comptroller contract in the core pool, including the feature âforced liquidations for individual accountsâ, that will be initially disabled for every market and account.
If âforced liquidations for individual accountsâ are enabled for an account in a market, borrow positions of the specific user can be liquidated in that market even when the health rate of the user is greater than 1 (i.e. when the account is collateralized). Additionally, the close factor check is ignored, allowing the liquidation of 100% of the debt in one transaction.
This feature is based on the implementation done by Compound V2 here. Compound V2 allows âforced liquidationsâ on markets as soon as the Collateral factor is zero, the Reserve factor is 100% and the borrows are paused. Venus defines a feature flag to enable/disable âforced liquidations for individual accountsâ, configurable directly via VIP, not based on other parameters. This feature is an extension of the feature suggested by Chaos Labs, and deployed in VIP-172.
To check if âforced liquidations for individual accountsâ are enabled for an account in one market, the function "Comptroller.isForcedLiquidationEnabledForUser(account address, vToken address)" can be called on the Comptroller contract of the pool, providing the address of the account and market to check.
Finally, this VIP will authorize Normal, Fast-track and Critical timelocks to enable and disable the forced liquidations for individual accounts on any market of the Core pool.
Additional details and vote in the VIP description.
Vote đ
https://app.venus.io/#/governance/proposal/209
24 Nov 2023, 11:39
VIP-209 Add forced liquidations for individual accounts into the Core pool.
Summary
If passed, this VIP will upgrade the implementation of the Comptroller contract of the Core pool, including the feature âforced liquidations for individual accountsâ, as an extension of the feature included in VIP-172.
Description
This VIP upgrades the implementation of the Comptroller contract in the core pool, including the feature âforced liquidations for individual accountsâ, that will be initially disabled for every market and account.
If âforced liquidations for individual accountsâ are enabled for an account in a market, borrow positions of the specific user can be liquidated in that market even when the health rate of the user is greater than 1 (i.e. when the account is collateralized). Additionally, the close factor check is ignored, allowing the liquidation of 100% of the debt in one transaction.
This feature is based on the implementation done by Compound V2 here. Compound V2 allows âforced liquidationsâ on markets as soon as the Collateral factor is zero, the Reserve factor is 100% and the borrows are paused. Venus defines a feature flag to enable/disable âforced liquidations for individual accountsâ, configurable directly via VIP, not based on other parameters. This feature is an extension of the feature suggested by Chaos Labs, and deployed in VIP-172.
To check if âforced liquidations for individual accountsâ are enabled for an account in one market, the function "Comptroller.isForcedLiquidationEnabledForUser(account address, vToken address)" can be called on the Comptroller contract of the pool, providing the address of the account and market to check.
Finally, this VIP will authorize Normal, Fast-track and Critical timelocks to enable and disable the forced liquidations for individual accounts on any market of the Core pool.
Additional details and vote in the VIP description.
Vote đ
VIP-209 Add forced liquidations for individual accounts into the Core pool. Summary.
VIP-209 Add forced liquidations for individual accounts into the Core pool.
Summary
If passed, this VIP will upgrade the implementation of the Comptroller contract of the Core pool, including the feature âforced liquidations for individual accountsâ, as an extension of the feature included in VIP-172.
Description
This VIP upgrades the implementation of the Comptroller contract in the core pool, including the feature âforced liquidations for individual accountsâ, that will be initially disabled for every market and account.
If âforced liquidations for individual accountsâ are enabled for an account in a market, borrow positions of the specific user can be liquidated in that market even when the health rate of the user is greater than 1 (i.e. when the account is collateralized). Additionally, the close factor check is ignored, allowing the liquidation of 100% of the debt in one transaction.
This feature is based on the implementation done by Compound V2 here. Compound V2 allows âforced liquidationsâ on markets as soon as the Collateral factor is zero, the Reserve factor is 100% and the borrows are paused. Venus defines a feature flag to enable/disable âforced liquidations for individual accountsâ, configurable directly via VIP, not based on other parameters. This feature is an extension of the feature suggested by Chaos Labs, and deployed in VIP-172.
To check if âforced liquidations for individual accountsâ are enabled for an account in one market, the function "Comptroller.isForcedLiquidationEnabledForUser(account address, vToken address)" can be called on the Comptroller contract of the pool, providing the address of the account and market to check.
Finally, this VIP will authorize Normal, Fast-track and Critical timelocks to enable and disable the forced liquidations for individual accounts on any market of the Core pool.
Additional details and vote in the VIP description.
Vote đ
https://app.venus.io/#/governance/proposal/209
24 Nov 2023, 11:39
VIP-209 Add forced liquidations for individual accounts into the Core pool.
Summary
If passed, this VIP will upgrade the implementation of the Comptroller contract of the Core pool, including the feature âforced liquidations for individual accountsâ, as an extension of the feature included in VIP-172.
Description
This VIP upgrades the implementation of the Comptroller contract in the core pool, including the feature âforced liquidations for individual accountsâ, that will be initially disabled for every market and account.
If âforced liquidations for individual accountsâ are enabled for an account in a market, borrow positions of the specific user can be liquidated in that market even when the health rate of the user is greater than 1 (i.e. when the account is collateralized). Additionally, the close factor check is ignored, allowing the liquidation of 100% of the debt in one transaction.
This feature is based on the implementation done by Compound V2 here. Compound V2 allows âforced liquidationsâ on markets as soon as the Collateral factor is zero, the Reserve factor is 100% and the borrows are paused. Venus defines a feature flag to enable/disable âforced liquidations for individual accountsâ, configurable directly via VIP, not based on other parameters. This feature is an extension of the feature suggested by Chaos Labs, and deployed in VIP-172.
To check if âforced liquidations for individual accountsâ are enabled for an account in one market, the function "Comptroller.isForcedLiquidationEnabledForUser(account address, vToken address)" can be called on the Comptroller contract of the pool, providing the address of the account and market to check.
Finally, this VIP will authorize Normal, Fast-track and Critical timelocks to enable and disable the forced liquidations for individual accounts on any market of the Core pool.
Additional details and vote in the VIP description.
Vote đ
VIP-209 Add forced liquidations for individual accounts into the Core pool. Summary.
VIP-209 Add forced liquidations for individual accounts into the Core pool.
Summary
If passed, this VIP will upgrade the implementation of the Comptroller contract of the Core pool, including the feature âforced liquidations for individual accountsâ, as an extension of the feature included in VIP-172.
Description
This VIP upgrades the implementation of the Comptroller contract in the core pool, including the feature âforced liquidations for individual accountsâ, that will be initially disabled for every market and account.
If âforced liquidations for individual accountsâ are enabled for an account in a market, borrow positions of the specific user can be liquidated in that market even when the health rate of the user is greater than 1 (i.e. when the account is collateralized). Additionally, the close factor check is ignored, allowing the liquidation of 100% of the debt in one transaction.
This feature is based on the implementation done by Compound V2 here. Compound V2 allows âforced liquidationsâ on markets as soon as the Collateral factor is zero, the Reserve factor is 100% and the borrows are paused. Venus defines a feature flag to enable/disable âforced liquidations for individual accountsâ, configurable directly via VIP, not based on other parameters. This feature is an extension of the feature suggested by Chaos Labs, and deployed in VIP-172.
To check if âforced liquidations for individual accountsâ are enabled for an account in one market, the function "Comptroller.isForcedLiquidationEnabledForUser(account address, vToken address)" can be called on the Comptroller contract of the pool, providing the address of the account and market to check.
Finally, this VIP will authorize Normal, Fast-track and Critical timelocks to enable and disable the forced liquidations for individual accounts on any market of the Core pool.
Additional details and vote in the VIP description.
Vote đ
https://app.venus.io/#/governance/proposal/209
24 Nov 2023, 11:39
VIP-209 Add forced liquidations for individual accounts into the Core pool.
Summary
If passed, this VIP will upgrade the implementation of the Comptroller contract of the Core pool, including the feature âforced liquidations for individual accountsâ, as an extension of the feature included in VIP-172.
Description
This VIP upgrades the implementation of the Comptroller contract in the core pool, including the feature âforced liquidations for individual accountsâ, that will be initially disabled for every market and account.
If âforced liquidations for individual accountsâ are enabled for an account in a market, borrow positions of the specific user can be liquidated in that market even when the health rate of the user is greater than 1 (i.e. when the account is collateralized). Additionally, the close factor check is ignored, allowing the liquidation of 100% of the debt in one transaction.
This feature is based on the implementation done by Compound V2 here. Compound V2 allows âforced liquidationsâ on markets as soon as the Collateral factor is zero, the Reserve factor is 100% and the borrows are paused. Venus defines a feature flag to enable/disable âforced liquidations for individual accountsâ, configurable directly via VIP, not based on other parameters. This feature is an extension of the feature suggested by Chaos Labs, and deployed in VIP-172.
To check if âforced liquidations for individual accountsâ are enabled for an account in one market, the function "Comptroller.isForcedLiquidationEnabledForUser(account address, vToken address)" can be called on the Comptroller contract of the pool, providing the address of the account and market to check.
Finally, this VIP will authorize Normal, Fast-track and Critical timelocks to enable and disable the forced liquidations for individual accounts on any market of the Core pool.
Additional details and vote in the VIP description.
Vote đ
VIP-209 Add forced liquidations for individual accounts into the Core pool. Summary.
VIP-209 Add forced liquidations for individual accounts into the Core pool.
Summary
If passed, this VIP will upgrade the implementation of the Comptroller contract of the Core pool, including the feature âforced liquidations for individual accountsâ, as an extension of the feature included in VIP-172.
Description
This VIP upgrades the implementation of the Comptroller contract in the core pool, including the feature âforced liquidations for individual accountsâ, that will be initially disabled for every market and account.
If âforced liquidations for individual accountsâ are enabled for an account in a market, borrow positions of the specific user can be liquidated in that market even when the health rate of the user is greater than 1 (i.e. when the account is collateralized). Additionally, the close factor check is ignored, allowing the liquidation of 100% of the debt in one transaction.
This feature is based on the implementation done by Compound V2 here. Compound V2 allows âforced liquidationsâ on markets as soon as the Collateral factor is zero, the Reserve factor is 100% and the borrows are paused. Venus defines a feature flag to enable/disable âforced liquidations for individual accountsâ, configurable directly via VIP, not based on other parameters. This feature is an extension of the feature suggested by Chaos Labs, and deployed in VIP-172.
To check if âforced liquidations for individual accountsâ are enabled for an account in one market, the function "Comptroller.isForcedLiquidationEnabledForUser(account address, vToken address)" can be called on the Comptroller contract of the pool, providing the address of the account and market to check.
Finally, this VIP will authorize Normal, Fast-track and Critical timelocks to enable and disable the forced liquidations for individual accounts on any market of the Core pool.
Additional details and vote in the VIP description.
Vote đ
https://app.venus.io/#/governance/proposal/209
24 Nov 2023, 11:39
VIP-209 Add forced liquidations for individual accounts into the Core pool.
Summary
If passed, this VIP will upgrade the implementation of the Comptroller contract of the Core pool, including the feature âforced liquidations for individual accountsâ, as an extension of the feature included in VIP-172.
Description
This VIP upgrades the implementation of the Comptroller contract in the core pool, including the feature âforced liquidations for individual accountsâ, that will be initially disabled for every market and account.
If âforced liquidations for individual accountsâ are enabled for an account in a market, borrow positions of the specific user can be liquidated in that market even when the health rate of the user is greater than 1 (i.e. when the account is collateralized). Additionally, the close factor check is ignored, allowing the liquidation of 100% of the debt in one transaction.
This feature is based on the implementation done by Compound V2 here. Compound V2 allows âforced liquidationsâ on markets as soon as the Collateral factor is zero, the Reserve factor is 100% and the borrows are paused. Venus defines a feature flag to enable/disable âforced liquidations for individual accountsâ, configurable directly via VIP, not based on other parameters. This feature is an extension of the feature suggested by Chaos Labs, and deployed in VIP-172.
To check if âforced liquidations for individual accountsâ are enabled for an account in one market, the function "Comptroller.isForcedLiquidationEnabledForUser(account address, vToken address)" can be called on the Comptroller contract of the pool, providing the address of the account and market to check.
Finally, this VIP will authorize Normal, Fast-track and Critical timelocks to enable and disable the forced liquidations for individual accounts on any market of the Core pool.
Additional details and vote in the VIP description.
Vote đ
VIP-209 Add forced liquidations for individual accounts into the Core pool. Summary.
VIP-209 Add forced liquidations for individual accounts into the Core pool.
Summary
If passed, this VIP will upgrade the implementation of the Comptroller contract of the Core pool, including the feature âforced liquidations for individual accountsâ, as an extension of the feature included in VIP-172.
Description
This VIP upgrades the implementation of the Comptroller contract in the core pool, including the feature âforced liquidations for individual accountsâ, that will be initially disabled for every market and account.
If âforced liquidations for individual accountsâ are enabled for an account in a market, borrow positions of the specific user can be liquidated in that market even when the health rate of the user is greater than 1 (i.e. when the account is collateralized). Additionally, the close factor check is ignored, allowing the liquidation of 100% of the debt in one transaction.
This feature is based on the implementation done by Compound V2 here. Compound V2 allows âforced liquidationsâ on markets as soon as the Collateral factor is zero, the Reserve factor is 100% and the borrows are paused. Venus defines a feature flag to enable/disable âforced liquidations for individual accountsâ, configurable directly via VIP, not based on other parameters. This feature is an extension of the feature suggested by Chaos Labs, and deployed in VIP-172.
To check if âforced liquidations for individual accountsâ are enabled for an account in one market, the function "Comptroller.isForcedLiquidationEnabledForUser(account address, vToken address)" can be called on the Comptroller contract of the pool, providing the address of the account and market to check.
Finally, this VIP will authorize Normal, Fast-track and Critical timelocks to enable and disable the forced liquidations for individual accounts on any market of the Core pool.
Additional details and vote in the VIP description.
Vote đ
https://app.venus.io/#/governance/proposal/209
24 Nov 2023, 11:39
VIP-209 Add forced liquidations for individual accounts into the Core pool.
Summary
If passed, this VIP will upgrade the implementation of the Comptroller contract of the Core pool, including the feature âforced liquidations for individual accountsâ, as an extension of the feature included in VIP-172.
Description
This VIP upgrades the implementation of the Comptroller contract in the core pool, including the feature âforced liquidations for individual accountsâ, that will be initially disabled for every market and account.
If âforced liquidations for individual accountsâ are enabled for an account in a market, borrow positions of the specific user can be liquidated in that market even when the health rate of the user is greater than 1 (i.e. when the account is collateralized). Additionally, the close factor check is ignored, allowing the liquidation of 100% of the debt in one transaction.
This feature is based on the implementation done by Compound V2 here. Compound V2 allows âforced liquidationsâ on markets as soon as the Collateral factor is zero, the Reserve factor is 100% and the borrows are paused. Venus defines a feature flag to enable/disable âforced liquidations for individual accountsâ, configurable directly via VIP, not based on other parameters. This feature is an extension of the feature suggested by Chaos Labs, and deployed in VIP-172.
To check if âforced liquidations for individual accountsâ are enabled for an account in one market, the function "Comptroller.isForcedLiquidationEnabledForUser(account address, vToken address)" can be called on the Comptroller contract of the pool, providing the address of the account and market to check.
Finally, this VIP will authorize Normal, Fast-track and Critical timelocks to enable and disable the forced liquidations for individual accounts on any market of the Core pool.
Additional details and vote in the VIP description.
Vote đ
VIP-209 Add forced liquidations for individual accounts into the Core pool. Summary.
VIP-209 Add forced liquidations for individual accounts into the Core pool.
Summary
If passed, this VIP will upgrade the implementation of the Comptroller contract of the Core pool, including the feature âforced liquidations for individual accountsâ, as an extension of the feature included in VIP-172.
Description
This VIP upgrades the implementation of the Comptroller contract in the core pool, including the feature âforced liquidations for individual accountsâ, that will be initially disabled for every market and account.
If âforced liquidations for individual accountsâ are enabled for an account in a market, borrow positions of the specific user can be liquidated in that market even when the health rate of the user is greater than 1 (i.e. when the account is collateralized). Additionally, the close factor check is ignored, allowing the liquidation of 100% of the debt in one transaction.
This feature is based on the implementation done by Compound V2 here. Compound V2 allows âforced liquidationsâ on markets as soon as the Collateral factor is zero, the Reserve factor is 100% and the borrows are paused. Venus defines a feature flag to enable/disable âforced liquidations for individual accountsâ, configurable directly via VIP, not based on other parameters. This feature is an extension of the feature suggested by Chaos Labs, and deployed in VIP-172.
To check if âforced liquidations for individual accountsâ are enabled for an account in one market, the function "Comptroller.isForcedLiquidationEnabledForUser(account address, vToken address)" can be called on the Comptroller contract of the pool, providing the address of the account and market to check.
Finally, this VIP will authorize Normal, Fast-track and Critical timelocks to enable and disable the forced liquidations for individual accounts on any market of the Core pool.
Additional details and vote in the VIP description.
Vote đ
https://app.venus.io/#/governance/proposal/209
24 Nov 2023, 11:39
VIP-209 Add forced liquidations for individual accounts into the Core pool.
Summary
If passed, this VIP will upgrade the implementation of the Comptroller contract of the Core pool, including the feature âforced liquidations for individual accountsâ, as an extension of the feature included in VIP-172.
Description
This VIP upgrades the implementation of the Comptroller contract in the core pool, including the feature âforced liquidations for individual accountsâ, that will be initially disabled for every market and account.
If âforced liquidations for individual accountsâ are enabled for an account in a market, borrow positions of the specific user can be liquidated in that market even when the health rate of the user is greater than 1 (i.e. when the account is collateralized). Additionally, the close factor check is ignored, allowing the liquidation of 100% of the debt in one transaction.
This feature is based on the implementation done by Compound V2 here. Compound V2 allows âforced liquidationsâ on markets as soon as the Collateral factor is zero, the Reserve factor is 100% and the borrows are paused. Venus defines a feature flag to enable/disable âforced liquidations for individual accountsâ, configurable directly via VIP, not based on other parameters. This feature is an extension of the feature suggested by Chaos Labs, and deployed in VIP-172.
To check if âforced liquidations for individual accountsâ are enabled for an account in one market, the function "Comptroller.isForcedLiquidationEnabledForUser(account address, vToken address)" can be called on the Comptroller contract of the pool, providing the address of the account and market to check.
Finally, this VIP will authorize Normal, Fast-track and Critical timelocks to enable and disable the forced liquidations for individual accounts on any market of the Core pool.
Additional details and vote in the VIP description.
Vote đ
VIP-209 Add forced liquidations for individual accounts into the Core pool. Summary.
VIP-209 Add forced liquidations for individual accounts into the Core pool.
Summary
If passed, this VIP will upgrade the implementation of the Comptroller contract of the Core pool, including the feature âforced liquidations for individual accountsâ, as an extension of the feature included in VIP-172.
Description
This VIP upgrades the implementation of the Comptroller contract in the core pool, including the feature âforced liquidations for individual accountsâ, that will be initially disabled for every market and account.
If âforced liquidations for individual accountsâ are enabled for an account in a market, borrow positions of the specific user can be liquidated in that market even when the health rate of the user is greater than 1 (i.e. when the account is collateralized). Additionally, the close factor check is ignored, allowing the liquidation of 100% of the debt in one transaction.
This feature is based on the implementation done by Compound V2 here. Compound V2 allows âforced liquidationsâ on markets as soon as the Collateral factor is zero, the Reserve factor is 100% and the borrows are paused. Venus defines a feature flag to enable/disable âforced liquidations for individual accountsâ, configurable directly via VIP, not based on other parameters. This feature is an extension of the feature suggested by Chaos Labs, and deployed in VIP-172.
To check if âforced liquidations for individual accountsâ are enabled for an account in one market, the function "Comptroller.isForcedLiquidationEnabledForUser(account address, vToken address)" can be called on the Comptroller contract of the pool, providing the address of the account and market to check.
Finally, this VIP will authorize Normal, Fast-track and Critical timelocks to enable and disable the forced liquidations for individual accounts on any market of the Core pool.
Additional details and vote in the VIP description.
Vote đ
https://app.venus.io/#/governance/proposal/209
24 Nov 2023, 11:39
VIP-209 Add forced liquidations for individual accounts into the Core pool.
Summary
If passed, this VIP will upgrade the implementation of the Comptroller contract of the Core pool, including the feature âforced liquidations for individual accountsâ, as an extension of the feature included in VIP-172.
Description
This VIP upgrades the implementation of the Comptroller contract in the core pool, including the feature âforced liquidations for individual accountsâ, that will be initially disabled for every market and account.
If âforced liquidations for individual accountsâ are enabled for an account in a market, borrow positions of the specific user can be liquidated in that market even when the health rate of the user is greater than 1 (i.e. when the account is collateralized). Additionally, the close factor check is ignored, allowing the liquidation of 100% of the debt in one transaction.
This feature is based on the implementation done by Compound V2 here. Compound V2 allows âforced liquidationsâ on markets as soon as the Collateral factor is zero, the Reserve factor is 100% and the borrows are paused. Venus defines a feature flag to enable/disable âforced liquidations for individual accountsâ, configurable directly via VIP, not based on other parameters. This feature is an extension of the feature suggested by Chaos Labs, and deployed in VIP-172.
To check if âforced liquidations for individual accountsâ are enabled for an account in one market, the function "Comptroller.isForcedLiquidationEnabledForUser(account address, vToken address)" can be called on the Comptroller contract of the pool, providing the address of the account and market to check.
Finally, this VIP will authorize Normal, Fast-track and Critical timelocks to enable and disable the forced liquidations for individual accounts on any market of the Core pool.
Additional details and vote in the VIP description.
Vote đ
VIP-209 Add forced liquidations for individual accounts into the Core pool. Summary.
VIP-209 Add forced liquidations for individual accounts into the Core pool.
Summary
If passed, this VIP will upgrade the implementation of the Comptroller contract of the Core pool, including the feature âforced liquidations for individual accountsâ, as an extension of the feature included in VIP-172.
Description
This VIP upgrades the implementation of the Comptroller contract in the core pool, including the feature âforced liquidations for individual accountsâ, that will be initially disabled for every market and account.
If âforced liquidations for individual accountsâ are enabled for an account in a market, borrow positions of the specific user can be liquidated in that market even when the health rate of the user is greater than 1 (i.e. when the account is collateralized). Additionally, the close factor check is ignored, allowing the liquidation of 100% of the debt in one transaction.
This feature is based on the implementation done by Compound V2 here. Compound V2 allows âforced liquidationsâ on markets as soon as the Collateral factor is zero, the Reserve factor is 100% and the borrows are paused. Venus defines a feature flag to enable/disable âforced liquidations for individual accountsâ, configurable directly via VIP, not based on other parameters. This feature is an extension of the feature suggested by Chaos Labs, and deployed in VIP-172.
To check if âforced liquidations for individual accountsâ are enabled for an account in one market, the function "Comptroller.isForcedLiquidationEnabledForUser(account address, vToken address)" can be called on the Comptroller contract of the pool, providing the address of the account and market to check.
Finally, this VIP will authorize Normal, Fast-track and Critical timelocks to enable and disable the forced liquidations for individual accounts on any market of the Core pool.
Additional details and vote in the VIP description.
Vote đ
https://app.venus.io/#/governance/proposal/209
24 Nov 2023, 11:39
VIP-209 Add forced liquidations for individual accounts into the Core pool.
Summary
If passed, this VIP will upgrade the implementation of the Comptroller contract of the Core pool, including the feature âforced liquidations for individual accountsâ, as an extension of the feature included in VIP-172.
Description
This VIP upgrades the implementation of the Comptroller contract in the core pool, including the feature âforced liquidations for individual accountsâ, that will be initially disabled for every market and account.
If âforced liquidations for individual accountsâ are enabled for an account in a market, borrow positions of the specific user can be liquidated in that market even when the health rate of the user is greater than 1 (i.e. when the account is collateralized). Additionally, the close factor check is ignored, allowing the liquidation of 100% of the debt in one transaction.
This feature is based on the implementation done by Compound V2 here. Compound V2 allows âforced liquidationsâ on markets as soon as the Collateral factor is zero, the Reserve factor is 100% and the borrows are paused. Venus defines a feature flag to enable/disable âforced liquidations for individual accountsâ, configurable directly via VIP, not based on other parameters. This feature is an extension of the feature suggested by Chaos Labs, and deployed in VIP-172.
To check if âforced liquidations for individual accountsâ are enabled for an account in one market, the function "Comptroller.isForcedLiquidationEnabledForUser(account address, vToken address)" can be called on the Comptroller contract of the pool, providing the address of the account and market to check.
Finally, this VIP will authorize Normal, Fast-track and Critical timelocks to enable and disable the forced liquidations for individual accounts on any market of the Core pool.
Additional details and vote in the VIP description.
Vote đ
VIP-209 Add forced liquidations for individual accounts into the Core pool. Summary.
VIP-209 Add forced liquidations for individual accounts into the Core pool.
Summary
If passed, this VIP will upgrade the implementation of the Comptroller contract of the Core pool, including the feature âforced liquidations for individual accountsâ, as an extension of the feature included in VIP-172.
Description
This VIP upgrades the implementation of the Comptroller contract in the core pool, including the feature âforced liquidations for individual accountsâ, that will be initially disabled for every market and account.
If âforced liquidations for individual accountsâ are enabled for an account in a market, borrow positions of the specific user can be liquidated in that market even when the health rate of the user is greater than 1 (i.e. when the account is collateralized). Additionally, the close factor check is ignored, allowing the liquidation of 100% of the debt in one transaction.
This feature is based on the implementation done by Compound V2 here. Compound V2 allows âforced liquidationsâ on markets as soon as the Collateral factor is zero, the Reserve factor is 100% and the borrows are paused. Venus defines a feature flag to enable/disable âforced liquidations for individual accountsâ, configurable directly via VIP, not based on other parameters. This feature is an extension of the feature suggested by Chaos Labs, and deployed in VIP-172.
To check if âforced liquidations for individual accountsâ are enabled for an account in one market, the function "Comptroller.isForcedLiquidationEnabledForUser(account address, vToken address)" can be called on the Comptroller contract of the pool, providing the address of the account and market to check.
Finally, this VIP will authorize Normal, Fast-track and Critical timelocks to enable and disable the forced liquidations for individual accounts on any market of the Core pool.
Additional details and vote in the VIP description.
Vote đ
https://app.venus.io/#/governance/proposal/209
24 Nov 2023, 11:39
VIP-209 Add forced liquidations for individual accounts into the Core pool.
Summary
If passed, this VIP will upgrade the implementation of the Comptroller contract of the Core pool, including the feature âforced liquidations for individual accountsâ, as an extension of the feature included in VIP-172.
Description
This VIP upgrades the implementation of the Comptroller contract in the core pool, including the feature âforced liquidations for individual accountsâ, that will be initially disabled for every market and account.
If âforced liquidations for individual accountsâ are enabled for an account in a market, borrow positions of the specific user can be liquidated in that market even when the health rate of the user is greater than 1 (i.e. when the account is collateralized). Additionally, the close factor check is ignored, allowing the liquidation of 100% of the debt in one transaction.
This feature is based on the implementation done by Compound V2 here. Compound V2 allows âforced liquidationsâ on markets as soon as the Collateral factor is zero, the Reserve factor is 100% and the borrows are paused. Venus defines a feature flag to enable/disable âforced liquidations for individual accountsâ, configurable directly via VIP, not based on other parameters. This feature is an extension of the feature suggested by Chaos Labs, and deployed in VIP-172.
To check if âforced liquidations for individual accountsâ are enabled for an account in one market, the function "Comptroller.isForcedLiquidationEnabledForUser(account address, vToken address)" can be called on the Comptroller contract of the pool, providing the address of the account and market to check.
Finally, this VIP will authorize Normal, Fast-track and Critical timelocks to enable and disable the forced liquidations for individual accounts on any market of the Core pool.
Additional details and vote in the VIP description.
Vote đ
VIP-209 Add forced liquidations for individual accounts into the Core pool. Summary.
VIP-209 Add forced liquidations for individual accounts into the Core pool.
Summary
If passed, this VIP will upgrade the implementation of the Comptroller contract of the Core pool, including the feature âforced liquidations for individual accountsâ, as an extension of the feature included in VIP-172.
Description
This VIP upgrades the implementation of the Comptroller contract in the core pool, including the feature âforced liquidations for individual accountsâ, that will be initially disabled for every market and account.
If âforced liquidations for individual accountsâ are enabled for an account in a market, borrow positions of the specific user can be liquidated in that market even when the health rate of the user is greater than 1 (i.e. when the account is collateralized). Additionally, the close factor check is ignored, allowing the liquidation of 100% of the debt in one transaction.
This feature is based on the implementation done by Compound V2 here. Compound V2 allows âforced liquidationsâ on markets as soon as the Collateral factor is zero, the Reserve factor is 100% and the borrows are paused. Venus defines a feature flag to enable/disable âforced liquidations for individual accountsâ, configurable directly via VIP, not based on other parameters. This feature is an extension of the feature suggested by Chaos Labs, and deployed in VIP-172.
To check if âforced liquidations for individual accountsâ are enabled for an account in one market, the function "Comptroller.isForcedLiquidationEnabledForUser(account address, vToken address)" can be called on the Comptroller contract of the pool, providing the address of the account and market to check.
Finally, this VIP will authorize Normal, Fast-track and Critical timelocks to enable and disable the forced liquidations for individual accounts on any market of the Core pool.
Additional details and vote in the VIP description.
Vote đ
https://app.venus.io/#/governance/proposal/209
24 Nov 2023, 11:39
VIP-209 Add forced liquidations for individual accounts into the Core pool.
Summary
If passed, this VIP will upgrade the implementation of the Comptroller contract of the Core pool, including the feature âforced liquidations for individual accountsâ, as an extension of the feature included in VIP-172.
Description
This VIP upgrades the implementation of the Comptroller contract in the core pool, including the feature âforced liquidations for individual accountsâ, that will be initially disabled for every market and account.
If âforced liquidations for individual accountsâ are enabled for an account in a market, borrow positions of the specific user can be liquidated in that market even when the health rate of the user is greater than 1 (i.e. when the account is collateralized). Additionally, the close factor check is ignored, allowing the liquidation of 100% of the debt in one transaction.
This feature is based on the implementation done by Compound V2 here. Compound V2 allows âforced liquidationsâ on markets as soon as the Collateral factor is zero, the Reserve factor is 100% and the borrows are paused. Venus defines a feature flag to enable/disable âforced liquidations for individual accountsâ, configurable directly via VIP, not based on other parameters. This feature is an extension of the feature suggested by Chaos Labs, and deployed in VIP-172.
To check if âforced liquidations for individual accountsâ are enabled for an account in one market, the function "Comptroller.isForcedLiquidationEnabledForUser(account address, vToken address)" can be called on the Comptroller contract of the pool, providing the address of the account and market to check.
Finally, this VIP will authorize Normal, Fast-track and Critical timelocks to enable and disable the forced liquidations for individual accounts on any market of the Core pool.
Additional details and vote in the VIP description.
Vote đ
VIP-209 Add forced liquidations for individual accounts into the Core pool. Summary.
VIP-209 Add forced liquidations for individual accounts into the Core pool.
Summary
If passed, this VIP will upgrade the implementation of the Comptroller contract of the Core pool, including the feature âforced liquidations for individual accountsâ, as an extension of the feature included in VIP-172.
Description
This VIP upgrades the implementation of the Comptroller contract in the core pool, including the feature âforced liquidations for individual accountsâ, that will be initially disabled for every market and account.
If âforced liquidations for individual accountsâ are enabled for an account in a market, borrow positions of the specific user can be liquidated in that market even when the health rate of the user is greater than 1 (i.e. when the account is collateralized). Additionally, the close factor check is ignored, allowing the liquidation of 100% of the debt in one transaction.
This feature is based on the implementation done by Compound V2 here. Compound V2 allows âforced liquidationsâ on markets as soon as the Collateral factor is zero, the Reserve factor is 100% and the borrows are paused. Venus defines a feature flag to enable/disable âforced liquidations for individual accountsâ, configurable directly via VIP, not based on other parameters. This feature is an extension of the feature suggested by Chaos Labs, and deployed in VIP-172.
To check if âforced liquidations for individual accountsâ are enabled for an account in one market, the function "Comptroller.isForcedLiquidationEnabledForUser(account address, vToken address)" can be called on the Comptroller contract of the pool, providing the address of the account and market to check.
Finally, this VIP will authorize Normal, Fast-track and Critical timelocks to enable and disable the forced liquidations for individual accounts on any market of the Core pool.
Additional details and vote in the VIP description.
Vote đ
https://app.venus.io/#/governance/proposal/209
24 Nov 2023, 11:39
VIP-209 Add forced liquidations for individual accounts into the Core pool.
Summary
If passed, this VIP will upgrade the implementation of the Comptroller contract of the Core pool, including the feature âforced liquidations for individual accountsâ, as an extension of the feature included in VIP-172.
Description
This VIP upgrades the implementation of the Comptroller contract in the core pool, including the feature âforced liquidations for individual accountsâ, that will be initially disabled for every market and account.
If âforced liquidations for individual accountsâ are enabled for an account in a market, borrow positions of the specific user can be liquidated in that market even when the health rate of the user is greater than 1 (i.e. when the account is collateralized). Additionally, the close factor check is ignored, allowing the liquidation of 100% of the debt in one transaction.
This feature is based on the implementation done by Compound V2 here. Compound V2 allows âforced liquidationsâ on markets as soon as the Collateral factor is zero, the Reserve factor is 100% and the borrows are paused. Venus defines a feature flag to enable/disable âforced liquidations for individual accountsâ, configurable directly via VIP, not based on other parameters. This feature is an extension of the feature suggested by Chaos Labs, and deployed in VIP-172.
To check if âforced liquidations for individual accountsâ are enabled for an account in one market, the function "Comptroller.isForcedLiquidationEnabledForUser(account address, vToken address)" can be called on the Comptroller contract of the pool, providing the address of the account and market to check.
Finally, this VIP will authorize Normal, Fast-track and Critical timelocks to enable and disable the forced liquidations for individual accounts on any market of the Core pool.
Additional details and vote in the VIP description.
Vote đ
VIP-209 Add forced liquidations for individual accounts into the Core pool. Summary.
VIP-209 Add forced liquidations for individual accounts into the Core pool.
Summary
If passed, this VIP will upgrade the implementation of the Comptroller contract of the Core pool, including the feature âforced liquidations for individual accountsâ, as an extension of the feature included in VIP-172.
Description
This VIP upgrades the implementation of the Comptroller contract in the core pool, including the feature âforced liquidations for individual accountsâ, that will be initially disabled for every market and account.
If âforced liquidations for individual accountsâ are enabled for an account in a market, borrow positions of the specific user can be liquidated in that market even when the health rate of the user is greater than 1 (i.e. when the account is collateralized). Additionally, the close factor check is ignored, allowing the liquidation of 100% of the debt in one transaction.
This feature is based on the implementation done by Compound V2 here. Compound V2 allows âforced liquidationsâ on markets as soon as the Collateral factor is zero, the Reserve factor is 100% and the borrows are paused. Venus defines a feature flag to enable/disable âforced liquidations for individual accountsâ, configurable directly via VIP, not based on other parameters. This feature is an extension of the feature suggested by Chaos Labs, and deployed in VIP-172.
To check if âforced liquidations for individual accountsâ are enabled for an account in one market, the function "Comptroller.isForcedLiquidationEnabledForUser(account address, vToken address)" can be called on the Comptroller contract of the pool, providing the address of the account and market to check.
Finally, this VIP will authorize Normal, Fast-track and Critical timelocks to enable and disable the forced liquidations for individual accounts on any market of the Core pool.
Additional details and vote in the VIP description.
Vote đ
https://app.venus.io/#/governance/proposal/209
24 Nov 2023, 11:39
VIP-209 Add forced liquidations for individual accounts into the Core pool.
Summary
If passed, this VIP will upgrade the implementation of the Comptroller contract of the Core pool, including the feature âforced liquidations for individual accountsâ, as an extension of the feature included in VIP-172.
Description
This VIP upgrades the implementation of the Comptroller contract in the core pool, including the feature âforced liquidations for individual accountsâ, that will be initially disabled for every market and account.
If âforced liquidations for individual accountsâ are enabled for an account in a market, borrow positions of the specific user can be liquidated in that market even when the health rate of the user is greater than 1 (i.e. when the account is collateralized). Additionally, the close factor check is ignored, allowing the liquidation of 100% of the debt in one transaction.
This feature is based on the implementation done by Compound V2 here. Compound V2 allows âforced liquidationsâ on markets as soon as the Collateral factor is zero, the Reserve factor is 100% and the borrows are paused. Venus defines a feature flag to enable/disable âforced liquidations for individual accountsâ, configurable directly via VIP, not based on other parameters. This feature is an extension of the feature suggested by Chaos Labs, and deployed in VIP-172.
To check if âforced liquidations for individual accountsâ are enabled for an account in one market, the function "Comptroller.isForcedLiquidationEnabledForUser(account address, vToken address)" can be called on the Comptroller contract of the pool, providing the address of the account and market to check.
Finally, this VIP will authorize Normal, Fast-track and Critical timelocks to enable and disable the forced liquidations for individual accounts on any market of the Core pool.
Additional details and vote in the VIP description.
Vote đ
VIP-209 Add forced liquidations for individual accounts into the Core pool. Summary.
VIP-209 Add forced liquidations for individual accounts into the Core pool.
Summary
If passed, this VIP will upgrade the implementation of the Comptroller contract of the Core pool, including the feature âforced liquidations for individual accountsâ, as an extension of the feature included in VIP-172.
Description
This VIP upgrades the implementation of the Comptroller contract in the core pool, including the feature âforced liquidations for individual accountsâ, that will be initially disabled for every market and account.
If âforced liquidations for individual accountsâ are enabled for an account in a market, borrow positions of the specific user can be liquidated in that market even when the health rate of the user is greater than 1 (i.e. when the account is collateralized). Additionally, the close factor check is ignored, allowing the liquidation of 100% of the debt in one transaction.
This feature is based on the implementation done by Compound V2 here. Compound V2 allows âforced liquidationsâ on markets as soon as the Collateral factor is zero, the Reserve factor is 100% and the borrows are paused. Venus defines a feature flag to enable/disable âforced liquidations for individual accountsâ, configurable directly via VIP, not based on other parameters. This feature is an extension of the feature suggested by Chaos Labs, and deployed in VIP-172.
To check if âforced liquidations for individual accountsâ are enabled for an account in one market, the function "Comptroller.isForcedLiquidationEnabledForUser(account address, vToken address)" can be called on the Comptroller contract of the pool, providing the address of the account and market to check.
Finally, this VIP will authorize Normal, Fast-track and Critical timelocks to enable and disable the forced liquidations for individual accounts on any market of the Core pool.
Additional details and vote in the VIP description.
Vote đ
https://app.venus.io/#/governance/proposal/209
24 Nov 2023, 11:39
VIP-209 Add forced liquidations for individual accounts into the Core pool.
Summary
If passed, this VIP will upgrade the implementation of the Comptroller contract of the Core pool, including the feature âforced liquidations for individual accountsâ, as an extension of the feature included in VIP-172.
Description
This VIP upgrades the implementation of the Comptroller contract in the core pool, including the feature âforced liquidations for individual accountsâ, that will be initially disabled for every market and account.
If âforced liquidations for individual accountsâ are enabled for an account in a market, borrow positions of the specific user can be liquidated in that market even when the health rate of the user is greater than 1 (i.e. when the account is collateralized). Additionally, the close factor check is ignored, allowing the liquidation of 100% of the debt in one transaction.
This feature is based on the implementation done by Compound V2 here. Compound V2 allows âforced liquidationsâ on markets as soon as the Collateral factor is zero, the Reserve factor is 100% and the borrows are paused. Venus defines a feature flag to enable/disable âforced liquidations for individual accountsâ, configurable directly via VIP, not based on other parameters. This feature is an extension of the feature suggested by Chaos Labs, and deployed in VIP-172.
To check if âforced liquidations for individual accountsâ are enabled for an account in one market, the function "Comptroller.isForcedLiquidationEnabledForUser(account address, vToken address)" can be called on the Comptroller contract of the pool, providing the address of the account and market to check.
Finally, this VIP will authorize Normal, Fast-track and Critical timelocks to enable and disable the forced liquidations for individual accounts on any market of the Core pool.
Additional details and vote in the VIP description.
Vote đ
VIP-209 Add forced liquidations for individual accounts into the Core pool. Summary.
VIP-209 Add forced liquidations for individual accounts into the Core pool.
Summary
If passed, this VIP will upgrade the implementation of the Comptroller contract of the Core pool, including the feature âforced liquidations for individual accountsâ, as an extension of the feature included in VIP-172.
Description
This VIP upgrades the implementation of the Comptroller contract in the core pool, including the feature âforced liquidations for individual accountsâ, that will be initially disabled for every market and account.
If âforced liquidations for individual accountsâ are enabled for an account in a market, borrow positions of the specific user can be liquidated in that market even when the health rate of the user is greater than 1 (i.e. when the account is collateralized). Additionally, the close factor check is ignored, allowing the liquidation of 100% of the debt in one transaction.
This feature is based on the implementation done by Compound V2 here. Compound V2 allows âforced liquidationsâ on markets as soon as the Collateral factor is zero, the Reserve factor is 100% and the borrows are paused. Venus defines a feature flag to enable/disable âforced liquidations for individual accountsâ, configurable directly via VIP, not based on other parameters. This feature is an extension of the feature suggested by Chaos Labs, and deployed in VIP-172.
To check if âforced liquidations for individual accountsâ are enabled for an account in one market, the function "Comptroller.isForcedLiquidationEnabledForUser(account address, vToken address)" can be called on the Comptroller contract of the pool, providing the address of the account and market to check.
Finally, this VIP will authorize Normal, Fast-track and Critical timelocks to enable and disable the forced liquidations for individual accounts on any market of the Core pool.
Additional details and vote in the VIP description.
Vote đ
https://app.venus.io/#/governance/proposal/209