Liquidate

Liquidate 2.0 Rules

For current borrowing mechanisms, when the price of the borrowed asset increases, the collateral may be liquidated. However, with DragonX's 2.0 liquidation mechanism, this isn't the case.

When you deposit SOL to borrow $DRX, even if the price of $DRX increases, your collateral will not be liquidated.

To prevent liquidation of the $DRX borrowing, your balance must hold more than 0 DRX

Liquidate 2.0 Mechanism

Liquidation Condition: If your $DRX balance reaches zero, all your SOL collateral will be liquidated.

If your position is liquidated, the amount of SOL will be used to auto buy $DRX. Then $DRX would go higher, ensuring fairness for the entire community.

The latecomer will never be left behind!

Borrow - Liquidate - Auto Buy $DRX - Repeat.