Hello everyone I need help. I can’t find information on software liquidation anywhere. When will the liquidation of the collateral happen if I supplied 1 btc, and took usdt for 80% of the collateral?
Answering literally, it will happen at the exact blockchain block after your borrow gets under-collateralized. There are dozens of robots scanning the blockchain to liquidate you once possible. No grace period.
80% is your borrow limit for 1 btc. That is also your liquidation point