PSY
  • 💯PSY 101
  • 🪙Stablecoin
    • Borrowing
    • Stability Pool and Liquidations
    • Price Stability and Safety
    • Recovery Mode
  • 🌊ve(3,3)
    • ve(3,3) for PSY
    • PSY Token Utilities
    • Tokenomics and Emissions
  • ❔FAQ
    • FAQ
  • 📚Guides
    • User Guide
      • ⛓️Launch Dapp & Connect Wallet
      • 🔰Open Trove（Mint $SLSD）
      • ⛱️Adjust Trove（Repay $SLSD）
      • 🔧Use $SLSD
      • ✂️Liquidate Trove
  • ❤️About PSY protocol
    • Audits
    • Deployed Contracts
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Liquidate Trove

PreviousUse $SLSDNextAudits

Last updated 1 year ago

  • Click Risky Troves in the header.

  • Liquidate Troves by clicking Liquidate to ensure that the entire stablecoin supply remains fully backed by collateral.

Troves that fall below the minimum collateral ratio of 110% will be closed. Troves below 150% can be liquidated during Recovery Mode.

  • You can receive a gas compensation (200 SLSD + 0.5% of the Trove's collateral) as reward.

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