Key Takeaway: On-Chain Liquidations
Lending protocols assess positions based on oracle price feeds. For example, Aave primarily uses Chainlink price data.
The more volatile the collateral, the higher you should keep your health factor, so you have time to react when a sudden price wick occurs.
$COMP is the governance token of the lending protocol Compound. Current price: 25.13.
Lending protocols assess positions based on oracle price feeds. For example, Aave primarily uses Chainlink price data.
The more volatile the collateral, the higher you should keep your health factor, so you have time to react when a sudden price wick occurs.
$COMP is the governance token of the lending protocol Compound. Current price: 25.13.