Fringe’s Partial Liquidations Model: a pioneering mechanism designed to enhance the borrower experience and boost Fringe Finance platform stability. Liquidator rewards are inversely tied to a position’s health: the worse the position, the higher the reward. This sparks a dynamic, non-time-based competition between liquidators. Say goodbye to third-party-initiated, time-consuming auctions. Our streamlined approach slashes costs for borrowers, making it a win-win for all. Our revamped price oracle model (/fringefinance/status/1684250642246664206) ensures better liquidation support, aiming to cut third-party reliance, shield lender assets, and curtail borrower expenses.A smoother price curve is in store, offering borrowers the fairest price during liquidation events. No more market manipulations, upward or downward. We're ensuring liquidators can effortlessly tackle undercollateralized positions by harnessing a host of resources, like the Liquidation Query NPM and open-source Liquidation Bot. Why partial liquidations? They lead to smaller collateral price impacts and shield the market from cascading liquidations, maintaining a steadier price equilibrium. More liquidators can now jump into the slower-paced Fringe liquidation arena, fostering fiercer competition and better collateral liquidation prices. A boon for borrowers. Borrowers stand to gain through lesser liquidation penalties, retention of part of their trading position, and lower liquidator reward fees. Our model promotes a more efficient liquidation process, drastically reducing the risk of insolvency and amplifying platform stability. Here's the deal for governance token holders: with our new liquidation approach, the platform's risk from insolvent positions is lowered. This means less financial strain on Fringe’s treasury, safeguarding token holder interests. With efficient liquidations, we can up the ante on loan-to-value ratios for collateral assets, driving capital efficiency and drawing more users. To sum it up: higher collateral prices, broadened liquidator competition, minimized risks, and increased loan-to-value ratios – all signal a brighter future for Fringe users. Since our 2022 launch, we've been on a mission. This latest liquidation model isn’t just an upgrade; it’s our commitment to distinguish Fringe from the rest. To read the whole article on the new liquidation model, check out /fringefinance/status/1691200305797464064.

See the full benefits of our new price oracle model here: /fringefinance/status/1676361210042646529 Fringe Finance. DeFi for everyone.

We'll implement the new model for frequently used assets to balance these improvements with processing costs. The added cost is warranted for these assets, as many users rely on their accurate pricing. In the future, we will also work to decentralize the operation of this model