> For the complete documentation index, see [llms.txt](https://uliquid.gitbook.io/uliquid_v1/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://uliquid.gitbook.io/uliquid_v1/getting-started/liquidation.md).

# Liquidation

The Uliquid V1 protocol has 2 contracts for liquidation on Aave and Compound (including their forks). The liquidation contracts allow users 'self liquidate' by taking a Flashloan of the user's debt, repaying that debt, redeeming the user's collateral, exchanging the collateral for the debt and repaying the flashloan. This process prevents the user from being liquidated by the protocol (for example Aave), saving the user a 10-15% liquidation fee. The Uliquid protocol currently charges a fee of 1% for liquidation

### Contracts

{% content-ref url="/pages/euLW76FzhCEPwx6Jj30Q" %}
[Liquidator](/uliquid_v1/core-contracts/liquidator.md)
{% endcontent-ref %}