Liquidation

Pinnako features an execution bot specifically designed to handle all limit orders and liquidations. This bot actively monitors limit orders and liquidations, executing them as soon as the target prices are reached.

An additional 0.02% fee is applied to all limit orders, ensuring that they are executed at the exact price set, regardless of execution speed or market volatility. These extra fees serve as rewards for the executors, incentivizing them to act as quickly as possible.

Currently, the Pinnako team operates three execution bots. Plans are underway to expand the executor pool through a whitelisting process and further decentralize the execution process.