Liquidation Protection
Our Liquidation Protection automation is solely focused on ensuring your position does not get liquidated. It has a simple, precise setup - When your Safety Ratio falls below 105%, it will automatically repay enough debt to put the Safety Ratio to 110%
No funds are required in your wallet - it handles everything within the position by utilizing DeFi Saver's Repay tool, which uses collateral from the position itself in order to partially clear debt.
Likewise, the gas fees for the automation transaction is charged to the position itself, so the funds in your wallet are in no way required for the automation to trigger.
Setting up Liquidation Protection is quick and simple:
You'll be prompted to activate Liquidation Protection on the Aave dashboard itself, or alternatively, you can visit the "Automation" page:
After clicking on "Liquidation Protection - click "Enable Automation:
Sign the transaction for enabling the automation
That's that. Your position is now safe from getting liquidated, as the automation will keep ensuring it's maintained at a 110% Safety Ratio no matter how many times it falls below 105%
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