dai logo MCD Collateral Auctions

Dog Dirt: --,---,---.-- dai
Dog Hole: --,---,---.-- dai
ETH Price
CHOP [%]
DIRT [dai]
HOLE [dai]
BUF [%]
STEP [sec]
CUT [%]
Liquidations 2.0 quick references
[ X ] CHOP: Vault liquidation penalty. BUF : Auction start price multiplier. KICK: Auction start event
DIRT: Current amount of debt being Auctioned. STEP: Price degrease interval/rate. TAKE: Debt settled event (partially or totally).
HOLE: Max amount of debt Auctionable (at the same time). CUT : Percentage of each price decrease. REDO: Auction reset event (price re calculated).
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