# How to Become a Nitron Liquidator

On Nitron Liquidations, it’s now easy as ever to liquidate a position and seize collateral. Simply load up your wallet and you can become a Nitron liquidator today to earn liquidation bonuses!

{% hint style="info" %}
&#x20;A liquidation bonus is the difference between the actual nominal value of the collateral you have seized and the value that you have paid to seize it.
{% endhint %}

Follow the steps below to liquidate:

**Step 1:** Hop onto Demex, click “Earn” in the navigation menu and click “Nitron Liquidations” under the dropdown bar.

<figure><img src="https://3548599389-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2F-MO-XZjWplLUJPNs07G8%2Fuploads%2FAjeBlFDsLA0jeLaXGqfm%2Fimage.png?alt=media&#x26;token=60b70395-35a6-4fe3-a657-acb02dfce766" alt=""><figcaption></figcaption></figure>

The Nitron Liquidation page opens up as shown below.

<figure><img src="https://3548599389-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2F-MO-XZjWplLUJPNs07G8%2Fuploads%2FmuzVopmT0Bvm7aCGdauY%2FLiquidate_Main_Dark%20%E2%9C%85.png?alt=media&#x26;token=8844021f-4670-4747-a47a-861b5c8575c1" alt=""><figcaption></figcaption></figure>

The page above shows the market of all borrowers at risk of liquidation. You can view their health factor, collateral, debt and so on.

Click on any of the “Liquidate” buttons of the borrowers according to what collateral you’d like to seize and the bonus you would like to earn from liquidation.

**Step 2:**

On clicking the “Liquidate” button, you can view the full details of the borrower such as the debt and collateral available as well as the borrower’s health factor, which is shown down below.

<figure><img src="https://3548599389-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2F-MO-XZjWplLUJPNs07G8%2Fuploads%2F3ZJmowlThpuOFwRxhW7n%2FUser%20Profile%20Pop-up.png?alt=media&#x26;token=2e0a64f6-d743-4fab-97bb-5f0d4a81edce" alt=""><figcaption></figcaption></figure>

Click on the “Repay” or “Liquidate” button to repay the borrow’s debt.

**Step 3:**

The Repay and Liquidate page opens up.

<figure><img src="https://3548599389-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2F-MO-XZjWplLUJPNs07G8%2Fuploads%2FALUXvO6qN9tkh3uGlDoe%2FRepay.png?alt=media&#x26;token=9ecf8d61-ca0a-4bc7-9744-21c6c378a4ea" alt=""><figcaption></figcaption></figure>

You can repay the loan with any of your desired assets if you have sufficient balance from your wallet, lent amount or collateral.

You can also click on the settings \[⚙️] button in this window to adjust your price tolerance settings as shown down below:

<figure><img src="https://3548599389-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2F-MO-XZjWplLUJPNs07G8%2Fuploads%2Fa1l1mRj7iaEZPbYQleS5%2FSettings%20(1).png?alt=media&#x26;token=411c13fd-e484-4864-8930-cf483dd45eee" alt=""><figcaption></figcaption></figure>

Note that setting a high tolerance will allow you to liquidate the risky position within a higher range if the price changes.

At the same time, setting a lower tolerance will lead to your liquidation being reverted or failing if the price changes beyond your tolerance settings range. By default, the price tolerance is set at 1%.

**Step 4:**&#x20;

Click on the “Repay & Liquidate” button to finalise your transaction.

<figure><img src="https://3548599389-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2F-MO-XZjWplLUJPNs07G8%2Fuploads%2Fq8OqAtavCMCG2dcPn4i4%2FWithdraw%20Success%20(2).png?alt=media&#x26;token=ab15b1fc-818b-422a-916c-262b73e97dbd" alt=""><figcaption></figcaption></figure>

Congratulations! You have successfully liquidated a borrower and earned a liquidation bonus.
