Price-Based Liquidation

An explanation of price-based auto-liquidation concept.

As mentioned in Liquidation, we will be implementing a price-based liquidation of the collateral in a future update.

Our thought right now is to trigger the auto-liquidation process when the collateral tokens drop >=50% in value.

In this scenario, mefi will have a 10% additional gain, 5% of which would be distributed to all $mefi token holders.