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AAVE Question: Why was I liquidated?

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by COINS NEWS 108 Views

Because the AAVE sub is relatively inactive, I will also post this here.

On December 19th I was partially liquidated despite being over-collateralized.

Assets were UNI and ENS against USDC

My health was 2.xx. Even at their ATL (UNI/ENS) I had 1.4x health. They didn't dip anywhere near as hard as their ATL, so why was I liquidated?

Aave is susceptible to market glitch fluctuations? Also, why was I only partially liquidated and not fully to repay the loan in its entirety?

At this point I'm just fully exiting my positions and abandoning AAVE entirely. If a market glitch can wipe out positions then it isn't worth utilizing imo.

submitted by /u/Praeteritus36
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