We are pleased to publish an open-sourced liquidation bot for Revert Lend. This reference implementation is available for the community to use, modify, and improve. Our goal is to enhance decentralization and strengthen the resilience of the Revert Lend protocol by encouraging broader participation in liquidation activities.

Repository: https://github.com/revert-finance/liquidator-js

While we will continue to operate our own liquidation bots as a backstop, we believe that a decentralized network of operators is vital for the health and robustness of the DeFi ecosystem. By open-sourcing our bot, we aim to provide a reference implementation that others can build upon.

Liquidation fees on Revert Lend range between 2% and 8%, offering an incentive for participants who help maintain the protocol’s stability.

About the Bot

This bot is designed to monitor active positions on the Revert Lend protocol and execute liquidations when certain conditions are met. It employs a combination of real-time event monitoring and periodic checks to stay updated on the state of positions and market conditions.

Key Features:

• WebSocket Monitoring: Listens to real-time events from the Revert Lend contracts to update positions as they change.

• Periodic Position Checks: Regularly scans all positions to ensure no liquidation opportunities are missed.

• Flashloan Liquidations: Executes liquidations using flashloans, requiring no upfront capital in the asset being liquidated.

• Optional Non-Flashloan Liquidations: Supports liquidations without flashloans if the operator holds the necessary assets and has approved the V3Vault contract.

We invite everyone interested to join us in strengthening the Revert Lend ecosystem. By running your own liquidation bot, you not only contribute to the stability and decentralization of the protocol but also have the opportunity to earn liquidation fees ranging from 2% to 8%. Whether you’re a developer looking to dive into the code or an operator ready to set up your own bot, your participation is valuable.

Together, we can build a more resilient and robust DeFi environment. If you have any questions or need assistance getting started, feel free to reach out to our team or open an issue on the repository. Let’s collaborate to enhance the security and decentralization of Revert Lend.

We are pleased to publish an open-sourced liquidation bot for Revert Lend. This reference implementation is available for the community to use, modify, and improve. Our goal is to enhance decentralization and strengthen the resilience of the Revert Lend protocol by encouraging broader participation in liquidation activities.

Repository: https://github.com/revert-finance/liquidator-js

While we will continue to operate our own liquidation bots as a backstop, we believe that a decentralized network of operators is vital for the health and robustness of the DeFi ecosystem. By open-sourcing our bot, we aim to provide a reference implementation that others can build upon.

Liquidation fees on Revert Lend range between 2% and 8%, offering an incentive for participants who help maintain the protocol’s stability.

About the Bot

This bot is designed to monitor active positions on the Revert Lend protocol and execute liquidations when certain conditions are met. It employs a combination of real-time event monitoring and periodic checks to stay updated on the state of positions and market conditions.

Key Features:

• WebSocket Monitoring: Listens to real-time events from the Revert Lend contracts to update positions as they change.

• Periodic Position Checks: Regularly scans all positions to ensure no liquidation opportunities are missed.

• Flashloan Liquidations: Executes liquidations using flashloans, requiring no upfront capital in the asset being liquidated.

• Optional Non-Flashloan Liquidations: Supports liquidations without flashloans if the operator holds the necessary assets and has approved the V3Vault contract.

We invite everyone interested to join us in strengthening the Revert Lend ecosystem. By running your own liquidation bot, you not only contribute to the stability and decentralization of the protocol but also have the opportunity to earn liquidation fees ranging from 2% to 8%. Whether you’re a developer looking to dive into the code or an operator ready to set up your own bot, your participation is valuable.

Together, we can build a more resilient and robust DeFi environment. If you have any questions or need assistance getting started, feel free to reach out to our team or open an issue on the repository. Let’s collaborate to enhance the security and decentralization of Revert Lend.