@rosarioborgesi
Here is the `liquidate()` function I implemented in the lending protocol of the SpeedrunEthereum challenge (ETH collateral, CORN debt).
Here’s the reasoning behind it 👇
1) Liquidation is only allowed when a position becomes unsafe
(collateral ratio falls below 120%).
2) The liquidator repays the borrower’s outstanding debt in CORN.
3) In exchange, the liquidator receives ETH collateral from the protocol.
4) The liquidator earns a 10% reward on the seized ETH collateral.
5) Everything happens atomically.
If anything goes wrong, the entire transaction reverts.
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