Automated Loan Liquidation Monitor

[anonfedora]

Description: A background service must monitor the value of collateralized assets and trigger liquidations if the Loan-to-Value (LTV) ratio exceeds the threshold.
Technical Context: Use blockchain.service.ts and contract.service.ts.
Tasks:

• Create a LiquidationWorker in server/src/services/liquidation.service.ts.
• Implement a cron-based loop (every 5–15 minutes) to fetch real-time asset prices from the Stellar DEX.
• For each active loan, calculate current collateral_value / loan_amount.
• If LTV > threshold (e.g., 85%), trigger the liquidate function on the EscrowManager contract.
• Send push notifications to both borrower and lender via websocketService.
  Acceptance Criteria:
• Successfully triggers a mock liquidation on testnet when price drops.
• Worker handles network timeouts and retries gracefully.

[Georgebingi]

@Georgebingi has applied to work on this issue as part of the Stellar Wave Program's 3rd wave.

I'm a full stack develop I'll like to work on this issue because It picks my interest and Ive got experience with similar projects I'll have it solved in 24 hours or less

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[drips-wave]

Congratulations, @Georgebingi! 🎉 Your application was accepted by the repo's maintainers, and the issue is due on March 30, 2026.

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