Bot admins can pick the base currency the bot should keep its funds in at all times (for example, USDC), and a tolerance limit for the DEX slippage. Before sending a liquidation extrinsic, the bot should ensure that the slippage incurred by the trade to swap received collateral for the base currency is not greater than the profit from the liquidation.
Bot admins can pick the base currency the bot should keep its funds in at all times (for example,
USDC), and a tolerance limit for the DEX slippage. Before sending a liquidation extrinsic, the bot should ensure that the slippage incurred by the trade to swap received collateral for the base currency is not greater than the profit from the liquidation.