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No Liquidations

There are no liquidations for borrowers. A borrower has two options:

  1. 1.
    Payback your loan to receive your collateral back
  2. 2.
    Do not payback your loan, keep the lent token and default on your collateral
Since there are no liquidations with VENDOR, the protocol’s native token suffers less of an impact in a down trending market. In return protecting the protocols token holders as a whole.
Last modified 1yr ago