No one called in the loan—so how did my DeFi lending collateral suddenly get liquidated?
Liquidations are mostly carried out by off-chain bots: they constantly monitor on-chain positions and submit a liquidation transaction as soon as the health factor falls below 1.
When I first got into crypto, I thought knowing how to read candlestick charts was enough. Later, I realized that understanding the rules is the real beginner’s lesson.
Don’t trade with borrowed money. It can mess with your mindset and push you into bad decisions.
$COMP 20.43 (-0.58%)
Just chatting—win or lose, you have to bear the consequences yourself.
Liquidations are mostly carried out by off-chain bots: they constantly monitor on-chain positions and submit a liquidation transaction as soon as the health factor falls below 1.
When I first got into crypto, I thought knowing how to read candlestick charts was enough. Later, I realized that understanding the rules is the real beginner’s lesson.
Don’t trade with borrowed money. It can mess with your mindset and push you into bad decisions.
$COMP 20.43 (-0.58%)
Just chatting—win or lose, you have to bear the consequences yourself.
