Liquidation Alert System (LAS)

The Liquidation Alert System (LAS) will send users a warning if their borrowed positions are at a critical liquidation threshold. To receive the alert, users will need to subscribe to LAS by providing their preferred contact details (either Email address or Telegram Handle). Once subscribed, the alert will be sent if the following occurs:

• The collateral price experiences significant volatility and is a certain percentage above the liquidation price, users will receive warning text to take actions.

• When the collateral hits liquidation price, users will receive the alert to take action on their position.