Steer Protocol
Understand

Liquidation Model

How protected CDP markets expose liquidation inventory and controller execution.

Liquidation support is a separate operational loop around a deployed market. It does not make every swap a liquidation. It gives bots a way to discover unsafe positions, simulate execution, and submit controller-backed transactions.

Lifecycle

Risk Boundaries

Liquidations depend on oracle state and current risk policy. A bot must treat oracle updates, cap changes, and pause changes as invalidating signals for old simulations.

Source Files

  • src/LiquidationController.sol
  • quote-server/src/liquidations.ts
  • sdk/src/liquidation.ts
  • sdk/src/liquidationHookData.ts

Rolling Cap Model

How rolling usage capacity limits market exposure over time instead of only at transaction boundaries.

Trust Boundaries

Separate user custody, signer custody, admin authority, solver execution, and public app state.

On this page

LifecycleRisk BoundariesSource Files