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Overhaul liquidation at loan term expiration date #8

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luckysori opened this issue Jul 16, 2021 · 1 comment
Open

Overhaul liquidation at loan term expiration date #8

luckysori opened this issue Jul 16, 2021 · 1 comment
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enhancement New feature or request

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@luckysori
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@DeliciousHair
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DeliciousHair commented Jul 20, 2021 •
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The required behavior is that if liquidation is triggered, the lender should never receive more than the amount they are entitled to as per the conditions of the contract (ie, principal + interest). This primarily addresses the situation where the borrower is in default and the the lender is allowed to trigger liquidation as opposed to the value of the collateral collapsing.

@luckysori luckysori added the enhancement New feature or request label Aug 6, 2021
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@DeliciousHair @luckysori