To Worsley and his trading bot, the most attractive part of the whole gambit was a 12.5% reward paid to anyone willing to help liquidate borrowers whose collateral no longer met stipulated minimum requirements.
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The Secretive World Of MEV, Where Bots Front-Run Crypto Investors For Big Profits
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Liquidation-based MEV involves bots identifying undercollateralized loans on decentralized finance platforms and rapidly executing transactions to seize collateral and earn liquidation bonuses.
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