EnsoFi
EnsoFi Product
EnsoFi WelcomeEnsoFi Product
EnsoFi Product
EnsoFi WelcomeEnsoFi Product
  • Introduction
    • Introduction
  • EnsoFi dApp
    • Liquidity
      • How it works
      • Understand the risk
    • Lend with Flexible Terms
      • Guide
        • How to Supply Assets
        • How to Borrow Assets
      • Health Ratio
      • Liquidation Process
    • Lend with Fixed Terms
      • Guide
        • How to Create a Lend Offer and Withdraw
        • How to Borrow and Repay
        • How to Edit Collateral
      • Health Ratio
      • Liquidation Process
    • ENSOFI Points
      • Boostings
  • EDAS
    • Quick Start
    • EDAS Agents
    • EDAS Points
    • EDAS DAO
    • About $EDAS
Powered by GitBook
On this page
  • Liquidation Threshold
  • To Borrower
  • To Lender
  1. EnsoFi dApp
  2. Lend with Fixed Terms

Liquidation Process

PreviousHealth RatioNextENSOFI Points

Last updated 8 days ago

Liquidation Threshold

When a contract’s heath ratio is equal or goes below 1.2 or a contract expires, we will execute the "Liquidation Event".

EnsoFi will sell 100% collateral into borrowed token to repay lender

To Borrower

EnsoFi will transfer the leftover funds to the borrower’s wallet as the formula below:

Leftover Fund = Total Fund after liquidation - BorrowAmount - BorrowInterest - BorrowFee

To Lender

EnsoFi will calculate the total receive funds for the lender. After that, we will pay the lender as the formula below:

Total Receive = LendAmount + LendInterest + WaitingInterest - LenderFee

PreviousHealth Ratio