>=150%
. In general, if an existing Trove's adjustment reduces its collateral ratio, the transaction is only executed if the resulting TCR is above 150%
.0%
to maximally encourage borrowing (within the limits described above).150%
or greater, your Trove will be protected from liquidation. This can be done by adding collateral, repaying debt, or both.150%
in Recovery Mode? 150%
if your Trove's collateral ratio is smaller than 150%. In order to avoid liquidation in Normal Mode and Recovery Mode, a user should keep their collateral ratio above 150%
.1.1 * debt
is shared between depositors. Nothing is redistributed to other active Troves. Since its ICR was > 1.1
, the Trove has a collateral remainder, which is sent to the CollSurplusPool
and is claimable by the borrower. The Trove is closed.110%
of a Trove's collateral. Any remainder, i.e. the collateral above 110%
(and below the TCR), can be reclaimed by the liquidated borrower using the standard web interface.10%
) in Recovery Mode as in Normal Mode if their Trove gets liquidated.