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Ensure that clutchable collateral is sufficient #1

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PaulRBerg opened this issue Jan 17, 2021 · 0 comments
Open

Ensure that clutchable collateral is sufficient #1

PaulRBerg opened this issue Jan 17, 2021 · 0 comments
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enhancement Improvement for an existing feature or system

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@PaulRBerg
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Calling liquidateBorrow on the fyToken reverts when the price of the collateral has fallen so much that the liquidator cannot receive their 10% share of the deal (an economic risk that we were well aware of when we wrote the protocol).

Before liquidating the user via the Uniswap V2 pair, we should call the getClutchableCollateral function on the BalanceSheet and compare it to the currently locked collateral in the vault.
@PaulRBerg PaulRBerg added the enhancement Improvement for an existing feature or system label Jan 17, 2021
@PaulRBerg PaulRBerg mentioned this issue Jan 21, 2021
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