Project description

A Python bot for liquidation of unhealthy obligations in Solaris protocol.

How it works

The bot fetches all obligations accounts inside the protocol and tries to find an unhealthy one (obligation.borrowed_value < obligation.unhealthy_borrow_value) and checks if the liquidation will be profitable (liquidation_reward > flashloan_fee)
The bot sends a liquidate_obligation instruction to the liquidation program containing a public key of unhealthy obligation
Liquidation program gets some liquidity_amount from a lending program via flashloan and repays a loan. Then if it returns flashloan + flashloan_fees and takes a liquidation reward. If balance_before < balance_after it return Ok(), if now throws an error and reverts the transaction.