blockworks-foundation
/
liquidator
mirror of https://github.com/blockworks-foundation/liquidator.git
1
0
Fork 0
Code Issues Projects Releases Wiki Activity

add 1% bias to liquidator, to allow third parties to step in first, also improve discord logs

This commit is contained in:
Maximilian Schneider 2021-03-16 12:35:07 +01:00
parent 3f39a1692b
commit 8abdabf0a0
2 changed files with 6759 additions and 4 deletions
Show Stats Download Patch File Download Diff File Expand all files Collapse all files

6749
package-lock.json generated Normal file
View File

File diff suppressed because it is too large Load Diff

14
src/liquidate.ts
View File

@ -156,6 +156,7 @@ async function runLiquidator() {
for (let ma of marginAccounts) { // parallelize this if possible
let liquidated = false
let description = ''
while (true) {
try {
const assetsVal = ma.getAssetsVal(mangoGroup, prices)
@ -164,15 +165,20 @@ async function runLiquidator() {
if (liabsVal === 0) {
break
}
const collRatio = assetsVal / liabsVal
const collRatio = (assetsVal / liabsVal)
// FIXME: added bias to collRatio allows other liquidators to step in for testing
collRatio += 0.01;
if (collRatio >= mangoGroup.maintCollRatio) {
break
}
const deficit = liabsVal * mangoGroup.initCollRatio - assetsVal
description = ma.toPrettyString(mangoGroup, prices)
console.log('liquidatable', deficit)
console.log(ma.toPrettyString(mangoGroup, prices), '\n')
console.log(description)
await client.liquidate(connection, programId, mangoGroup, ma, payer,
tokenWallets, [0, 0, deficit * 1.01])
liquidated = true
@ -196,10 +202,10 @@ async function runLiquidator() {
ma = await client.getMarginAccount(connection, ma.publicKey, dexProgramId)
await drainAccount(client, connection, programId, mangoGroup, ma, markets, payer, prices, tokenWallets[NUM_TOKENS-1])
console.log('Account drain success')
notify(`liquidated ${ma.toPrettyString(mangoGroup, prices)}`)
notify(`liquidated ${description}`)
break
} catch (e) {
notify(`error: ${e}\ncould not liquidate ${ma.toPrettyString(mangoGroup, prices)}`)
notify(`error: ${e}\ncould not liquidate ${description}`)
await sleep(1000)
}
}