👺
Liquidation
Lexer has a execute bot focusing on executing all Limit orders, and liquidations.
The bot monitors all limit orders and liquidations to be executed as the price moves and approaches them and executes as soon as the orders hit.
All limit orders have an extra 0.02% fee as they will be executed exactly where they are set no matter the executing speed and market volatility thus guaranteeing execution. All extra fees will be rewarded to the executor to incentivize them to act as quick as possible.
There are 3 bots currently running by the team and we are planning to expand the executor through whitelisting and further decentralizing the process.