Several users have asked for specifics regarding liquidations in HARD. All collateral you deposit is multiplied by that its collateral factor to determine the maximum amount of borrow that is allowed. For example, if you deposit - 1 BNB (at $600, collateral factor 0.5) - 10 KAVA (at $6, collateral factor 0.5) You would have a maximum borrow amount of (600 * 0.5) + (60 * 0.5) = $330 Imagine if you borrow 320 BUSD and then the price of BNB goes to $500 You would now have a maximum borrow of (500 * 0.5) + (60 * 0.5) = $280 Because 320 > 280, this position could now be liquidated. Any user can submit a transaction that liquidates a HARD borrow position, and they get 1% of the collateral as a reward. If this position was liquidated, the 1BNB and 10KAVA would be auctioned off, with auctions attempting to raise $320 BUSD. Any remaining collateral would be returned to you.

Several users have asked for specifics regarding liquidations in HARD. All collateral you deposit is multiplied by that its collateral factor to determine the maximum amount of borrow that is allowed. For example, if you deposit - 1 BNB (at $600, collateral factor 0.5) - 10 KAVA (at $6, collateral factor 0.5) You would have a maximum borrow amount of (600 * 0.5) + (60 * 0.5) = $330 Imagine if you borrow 320 BUSD and then the price of BNB goes to $500 You would now have a maximum borrow of (500 * 0.5) + (60 * 0.5) = $280 Because 320 > 280, this position could now be liquidated. Any user can submit a transaction that liquidates a HARD borrow position, and they get 1% of the collateral as a reward. If this position was liquidated, the 1BNB and 10KAVA would be auctioned off, with auctions attempting to raise $320 BUSD. Any remaining collateral would be returned to you.