B.Protocol announces v2 platform for DeFi liquidations

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B.Protocol says v2 will optimize liquidations of “big debt” with significantly smaller capital requirements on decentralized finance lending platforms.
Decentralized finance service B.Protocol has announced plans for a new version that will improve the liquidation of undercollateralized loan positions on lending platforms.In a release issued on Tuesday, the backstop liquidity protocol for DeFi lending platforms revealed that the upcoming v2 is based on a white paper for a novel Backstop automated market maker (B.AMM) written by a couple of anonymous community members.According to a blog post published by B.Protocol founder Yaron Velner the v1 design that utilized professional liquidators to share profits with users instead of miners was not sufficient to tackle the capital inefficiency problem.Unlike centralized exchanges like Binance that offer leveraged trading up to 100 times user deposits, the leverage ratio on decen

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Źródło: https://cointelegraph.com/news/b-protocol-announces-v2-platform-for-defi-liquidations

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