Liquidation

Fufuture will launch the liquidation API, allowing anyone to become a liquidator. When liquidation conditions are detected, the liquidator will compete to initiate on-chain liquidation transactions. After the liquidation contract verifies on-chain, if the conditions for liquidation are confirmed, the liquidation will be completed, and a liquidation reward will be issued. The liquidation reward is 150% of the system's Gas fee, denominated in stable coin and granted when the liquidation transaction is processed.

On a weekly basis, the top three liquidators with the highest cumulative liquidation values will receive an additional liquidation bonus of 30%, 20%, and 10% of the week's total Gas fee reward, respectively.