angla
@angla
In Web3, contract burst refers to the situation where when the user conducts lending or margin transactions on financial platforms based on smart contracts (such as decentralized lending and leveraged trading), the user's collateral value is not enough to cover loans or positions due to market price fluctuations, thus triggering liquidation. The liquidation process is usually carried out automatically by smart contracts to ensure the safety of the borrower's funds.
0 reply
0 recast
0 reaction
