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Develop Liquidation Mechanism for Under-Collateralized Positions #5

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brolag opened this issue Sep 29, 2024 · 0 comments

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brolag commented Sep 29, 2024

Description: Design and implement a liquidation mechanism to handle under-collateralized positions, ensuring the system's stability.

Subtasks:

Implement function to check if a user’s position is under-collateralized.
Add functionality to liquidate under-collateralized positions by burning eUSD and taking ETH from the vault.
Write unit tests to simulate liquidation scenarios and ensure functionality.

Acceptance Criteria:

Liquidation logic works as expected for under-collateralized users.
eUSD and collateral are updated correctly after liquidation.
Unit tests for liquidation scenarios pass.

brolag added the stretch goal label

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