The liquidation line is like this: there's actually quite a long yellow-light period before the numbers turn red, but people can't help waiting.

I'm now used to a three-step rule: first, calculate how much volatility the collateral ratio can withstand; second, see if there is a low-cost repayment channel (sometimes cross-chain bridge fees are cheaper than liquidation penalties, sometimes the opposite); third, leave half an hour of manual authority, and don't give it to any automation. In short, when you don't trust yourself, don't trust robots either.

(Recently, the chain of liquidations in the GameFi sector made my hands cold; studios withdrew funds three blocks faster than retail investors, with token prices and player counts stepping on each other. In this downward spiral, liquidation robots simply can't react in time.)

Anyway, that's it for now. I'll check the health factor again tonight.