1️⃣🔥 Ever wondered how liquidation processes work in DeFi platforms? Dive into the innovative mechanism that Gamma Options uses when a user's margin health drops. It's not what you might expect! 🚀
2️⃣💡 When a user's margin account health dips below a certain level, a liquidation is triggered. This isn't just a loss for the user; it's an opportunity for another!
3️⃣🔄 Liquidation isn't just about erasing debt. At Gamma Options, it means transferring the debt and positions in the problematic margin account to another user. Talk about turning tables!
4️⃣💼 The true innovation? At Gamma Options, the liquidator doesn't just clear the mess. They assume the entire debt of the liquidated account.
5️⃣🎉 But wait, there's a twist! The brave soul who steps in to liquidate? They get a 10% reward of the debt amount. Now that's a sweet deal, don't you think?
6️⃣🤝 This genius approach ensures two things: users are motivated to partake in liquidations, and the platform remains rock solid in its stability.
7️⃣📢 #DeFi community, this is just a glimpse of the innovation happening daily! Let's shine a light on these intricate systems. If you found this intriguing, do your part - hit retweet and spread the word! 🌐🚀