An Empirical Study of DeFi Liquidations: Incentives, Risks, and Instabilities
Kaihua Qin,Liyi Zhou,Pablo Gamito,Philipp Jovanovic,Arthur Gervais — An Empirical Study of DeFi Liquidations: Incentives, Risks, and Instabilities (2021)Kaihua Qin; Liyi Zhou; Pablo Gamito; Philipp Jovanovic; Arthur Gervais · 2021 · Article · abstractEstablishedSource attached · not independently reviewedCLM-0531 · as of 2026-10-27 · about: MakerDAO / Sky · Author: Polity Atlas editorial team
“Qin and colleagues found that DeFi lending liquidation designs, including MakerDAO's, strongly incentivise liquidators but sell excessive amounts of discounted collateral at borrowers' expense.”
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1Evidence that contradicts
0No counter-evidence recorded.
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