Introduction
TradFi vs DeFi: Lending
Market forces x Interest Rate Models
On Indexes
- Why use indexes?
Scaling and ATokens
Deposit & Borrow Interest
Stable borrowing
- 🚧Under construction
Liquidation
- 🚧TODO: Full example
- 🚧Under construction: oracles
Primer
Functions
Contracts
Audit findings
- 🚧Under construction
Appendix
- Simple, Compound, APR, APY
Aave Features
- Risk Management
- Other features

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Overview
Execution flow
Liquidation fee

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Functions

liquidate

liquidation Fee

Previousliquidate/burn collateral NextWrap-up

Last updated 1 year ago

Overview

Execution flow

cache + updateState + get health factor
_calculateDebt
validateLiquidationCall
getConfigurationData
calculateAvailableCollateralToLiquidate
setBorrowing
setUsingAsCollateral
_burnDebtTokens
updateInterestRates
updateIsolatedDebtIfIsolated
liquidate/burn collateral
liquidation fee
Wrap-up

Liquidation fee

Liquidation fee is taken from the user and transferred to treasury.

ATokens are transferred to the treasury as liquidation fee.
validate is set to false, so no HF check is done.