https://github.com/hubbleprotocol/liq-bot

https://github.com/hubbleprotocol/liq-bot

Last synced: 2 months ago
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• Host: GitHub
• URL: https://github.com/hubbleprotocol/liq-bot
• Owner: hubbleprotocol
• Created: 2022-02-28T17:25:41.000Z (almost 3 years ago)
• Default Branch: master
• Last Pushed: 2022-04-21T19:57:19.000Z (almost 3 years ago)
• Last Synced: 2024-04-18T04:17:32.573Z (9 months ago)
• Language: TypeScript
• Size: 243 KB
• Stars: 5
• Watchers: 6
• Forks: 2
• Open Issues: 1
• Metadata Files:
  • Readme: README.md

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README

        
# Typescript Liquidation Bot for HubbleProtocol by Lmvdzande

> TPU Client for sending tryLiquidate and clearLiquidationGains transactions without a rate limit  

> Polling Account Fetcher for account retrieval (5k accounts per second)  

### Overview

Liquidations on HubbleProtocol are as follows:

For a User to be liquidatable their Loan to Value (LTV) must reach 90.91 % (Under normal system conditions)  

The User gets liquidated via the `tryLiquidate` transaction instruction  

The Liquidatation gains get added to the LiquidationQueue  

The LiquidationQueue contains LiquidationEvents, new events in the queue having a pending status

The `clearLiquidationGains` transaction instruction is used to collect the gains from liquidation event  

### Environment

copy the `.env.example` file to `.env` and input your `BOT_KEY` and `RPC_URL`  

`BOT_KEY` can be either an Uint8Array (solana-keygen) or bs58 encoded private key (phantom wallet private key export)  

### Usage

```bash

yarn install

yarn build

yarn start

```