How to recover collateral after liquidation
Last updated
Last updated
To understand how liquidations work, head to this section.
You will be notified if you are fully or partially liquidated. Partial liquidations can only happen during Recovery Mode.
The shuttle will be closed when it is fully liquidated. You will lose all your collateral, but get to keep the borrowed $USC. In order to start borrowing more $USC, you will need to reopen a new shuttle. This can be done by clicking on the “Start Borrowing” button and follow the steps as outlined here.
*this status will only be applicable during Recovery Mode
When you are partially liquidated, all of your $USC debt will be repaid, but there will be some collateral leftover. In order to borrow more $USC, you first need to retrieve any remaining collateral. You can do so by clicking on the “Recover collateral” button.
