Stability Pools & Liquidation process in the Liquity DeFi Protocol
We continue our mini series of screencasts covering the Liquity Protocol. In this screencast we run over the Stability Pool - what it is, how it benefits the protocol and how it benefits depositors of LUSD into the pool (aka Stability Providers).
We will also cover exactly what happens when Troves are liquidated, how to deal with liquidation when there are not enough funds in the Stability Pool to absorb the debt, what the redistribution approach looks like and how Liqudity protocol compares with other collateralized debt platforms! So there is a lot of ground covered in this video!
00:00:43 Stability Pools
00:02:52 Liquidations: using Stability Pools
00:06:00 Liquidations: using Redistribution
00:09:04 Overview
00:10:35 Comparison with other CD platforms
00:12:20 Demo
Useful Links:
Liquity: http://liquity.org/
Liquity Docs: https://docs.liquity.org/
Liquity Mono Repo: https://github.com/liquity/dev
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