Try Quests to earn cryptoTerra Anchor Liquidations
Anchor is a lending protocol on Terra where a user deposits collaterals in the form of bLuna in order to get a loan. When the loan's loan to value (LTV) ratio is higher than 50%, the collaterals will get liquidated in order to pay back the loan. These liquidations are initiated by liquidators, who are also terra users, to get cheaper bLunas, as high as 30% cheaper than the market rate at that time as we will find out from this analysis. Now let's see these liquidations in action!