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Liquidate a position manually

PreviousOraclesNext$SILO

Last updated 20 days ago

If you want to seize an insolvent user's position, follow these steps (on Arbitrum):

1- Go to contract page and approve the spender

  • Connect your wallet to Arbiscan

  • Enter the Spender address, which is the liquidation contract:

  • Enter the approval amount: example: 600000000

  • Write

2- Liquidate the position. You need to have the loan amount in your wallet.

  • Connect your wallet

  • Enter borrower’s address: 0x5dCD4b840CBC72408316E0a43cBB2a6B5812E929

  • Enter the silo address: 0xc49b9CB9CCe1448e2E5ceF86b844980d74CeFC64

  • Execute

You will pay the borrower’s debt and take over his entire collateral.

Go to the

manual liquidation contract
USDC.e
0xEbF50C87a41Cfcc740202464919c1f5988022453