https://github.com/makerdao/clipper-mom-keeper

https://github.com/makerdao/clipper-mom-keeper

Last synced: 3 months ago
JSON representation

• Host: GitHub
• URL: https://github.com/makerdao/clipper-mom-keeper
• Owner: makerdao
• License: agpl-3.0
• Created: 2021-10-08T18:48:55.000Z (over 3 years ago)
• Default Branch: master
• Last Pushed: 2021-10-26T14:53:47.000Z (about 3 years ago)
• Last Synced: 2023-04-04T02:07:01.381Z (almost 2 years ago)
• Language: JavaScript
• Size: 17.6 KB
• Stars: 0
• Watchers: 4
• Forks: 2
• Open Issues: 0
• Metadata Files:
  • Readme: README.md
  • License: LICENSE

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README

        
# clipper-mom-keeper

This keeper checks the clipper-mom for each collateral type to see if it

can call the `tripBreaker()` call.  This check happens every new block.  If the

function can be called, it will execute the transaction and trip the breaker

for liquidations, thus preventing any liquidations for this collateral type.

The typical condition to trip the breaker is that the asset price has fallen

more than 50% in a one hour period.

## Install

```

npm install

```

## Make configuration changes

Simply edit index.js and change `WS_RPC` to your webocket URL.

## Run

```

npm start

```