If a party fails to meet margin requirements, the smart contract: 1️⃣ Terminates the agreement 2️⃣ Transfers deposited assets to the compliant party 3️⃣ Applies penalties to the defaulting party This liquidation process is executed automatically on-chain 🤖

Illya Gerasymchuk 2024-07-01 22:00

Smart contract on the blockchain tracks: 1️⃣ Deposited amounts for each party 2️⃣ Required deposits at each checkpoint 3️⃣ Maturity date It uses this data to automatically enforce the increasing margin schedule 🔐