> For the complete documentation index, see [llms.txt](https://erc20-docs.particle.trade/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://erc20-docs.particle.trade/developer/liquidate-position.md).

# Liquidate Position

* Function `liquidatePosition`
* After determine that the liquidation conditions are met, calls into the same underlying `_closePosition`.
* Liquidation Condition: (1) premium is not enough to pay for the swap fees that the borrowed liquidity would have earned, OR (2) current time exceed the 3 days loan term after LP calls for seizing liquidity. Revert with `LiquidationNotMet` if none of the conditions hold.
* Note: anyone can be a liquidator when the liquidation condition is met. A `liquidationReward` is paid to the liquidator.