Developers

Learn how to monitor and trigger rebalance and liquidation operations

The rebalancing and liquidation operation offer discounted collateral opportunities to keepers. Rebalancing operations are more frequent than liquidations. They happen when leveragers reach 88% LTV to prevent them from being liquidated. Liquidation happens when/if they reach 95% LTV. The rebalancing process is done simultaneously for all leverage positions above 88% sitting in the same rebalancing price tick. A price tick is 0,15% wide.

Parameter wstETH Pool

0x6ecfa38fee8a5277b91efda204c235814f0122e8

Stability Pool contract

If the stability pool capital is above $10k (very likely), you need to call the stability pool contract to rebalance or liquidate.

• rebalance tick https://etherscan.io/address/0x65C9A641afCEB9C0E6034e558A319488FA0FA3be#writeProxyContract#F9

• liquidate positionID https://etherscan.io/address/0x65C9A641afCEB9C0E6034e558A319488FA0FA3be#writeProxyContract#F6

PoolManager contract

If the stability pool has less than $10k TVL (unlikely, but it could happen in critical conditions), you must call the PoolManager contract.

• rebalance tick https://etherscan.io/address/0x250893CA4Ba5d05626C785e8da758026928FCD24#writeProxyContract#F8

• liquidate positionID https://etherscan.io/address/0x250893CA4Ba5d05626C785e8da758026928FCD24#writeProxyContract#F6

If any questions, please join the Aladdin DAO Discord