Lenen Protocol
  • 🌏Lenen Protocol
    • 🌊Overview
    • πŸ†•Innovation
  • Lenen Basics
    • πŸ”„Interact Process
    • 🌠Tokenomics
    • 🀝DAO
    • πŸ—ΊοΈRoadmap
    • ✨Participants
    • πŸ«‚Partners
  • Core Function
    • β˜€οΈSupply
    • πŸ’±Withdraw or Borrow
    • 🏦Borrow Collateralization
    • πŸ€–Liquidation
  • proper indicator
    • πŸ’°Absorb
    • πŸ’΅Buy Collateral
    • πŸ’²Ask Price
    • πŸ’³Liquidator Points
    • Reserves
      • πŸŽ’Get Reserves
      • 🎯Target Reserves
  • system
    • Account Management
      • πŸ’ΈAllowance
      • πŸ“²Transfer
    • VRC-20 Approve Manager Address
  • Others
    • πŸ’°IDO
    • ❓FAQ
      • Deposites
      • Borrow
      • Liquidation
      • IDO
    • πŸ“–Public Beta Guidline
    • πŸ”Security
    • πŸ‘€Bug Bounty
    • 😊Contact Us
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  1. proper indicator

Absorb

Any address can call this function to liquidate underwater accounts. It transfers the account's debt to the protocol account, reduces the cash reserve to repay the account's borrowing, and adds collateral to the protocol's own balance. The caller logs the amount of gas consumed. In the future, they can be compensated through governance.

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Last updated 2 years ago

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