In our previous article , we understood how Maker operates. One key element on Maker is the liquidation process & various parties involved. The incentives of each external actors must be aligned so as to ensure that the Protocol operates safely & efficiently.
POW #1.1- Maker - Liquidation Process
POW #1.1- Maker - Liquidation Process
POW #1.1- Maker - Liquidation Process
In our previous article , we understood how Maker operates. One key element on Maker is the liquidation process & various parties involved. The incentives of each external actors must be aligned so as to ensure that the Protocol operates safely & efficiently.