There's no incentive or reward given to vault liquidators
Undercollateralized vault are meant to be liquidated in-order not to incur bad debt on EUROs, the issue is that there's no incentive for anyone to liquidate an undercollateralized vault, MEV bots would not liquidate the vault because there's no reward or incentive to do so.
undercollateralized vault would incur bad debts since there's no incentives to liquidate them
Manual Review
An small percentage of the liquidated funds should be given to the liquidator as incentive
The contest is live. Earn rewards by submitting a finding.
This is your time to appeal against judgements on your submissions.
Appeals are being carefully reviewed by our judges.