dai logo MCD Collateral Auctions

Dog Dirt: --,---,---.-- dai
Dog Hole: --,---,---.-- dai
$---.--
ETH Price
---
KICKS [#]
--.--
CHOP [%]
--,---.--
DIRT [dai]
--,---.-
HOLE [dai]
--.--
BUF [%]
--.--
STEP [sec]
--.--
CUT [%]
Clipper
[details]
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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2024

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