@1delta/margin-fetcher 5.0.61 → 5.0.63

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package/dist/index.d.ts CHANGED
@@ -7648,8 +7648,14 @@ interface LiquidationTerms {
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  * - `default-seizure` The whole escrow is forfeit on a missed payment
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  * (Teller).
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  * - `delivery` Unpaid collateral is delivered to lenders (TermMax).
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- */
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- model?: Open<'repay-seize' | 'soft-band' | 'stability-pool' | 'auction' | 'default-seizure' | 'delivery' | 'none'>;
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+ * - `repay-to-target-hf`
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+ * There is no close factor at all: the liquidator repays
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+ * however much it takes to restore the position to
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+ * {@link targetHealthFactor}, and the bonus SCALES with
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+ * how far under water it is (Aave V4). See
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+ * {@link healthFactorForMaxBonus}.
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+ */
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+ model?: Open<'repay-seize' | 'soft-band' | 'stability-pool' | 'auction' | 'default-seizure' | 'delivery' | 'repay-to-target-hf' | 'none'>;
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  /** Who ends up holding the seized collateral. */
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  absorber?: Open<'liquidator' | 'stability-pool' | 'other-borrowers' | 'lenders' | 'amm'>;
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  /**
@@ -7712,6 +7718,17 @@ interface LiquidationTerms {
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  * this. Without it, `closeFactor: 0.5` understates the worst case.
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  */
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  fullCloseBelowHealthFactor?: number;
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+ /**
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+ * `repay-to-target-hf` only: the health factor at or below which the
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+ * liquidator's bonus reaches its maximum — i.e. the value {@link penalty}
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+ * actually describes.
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+ *
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+ * Load-bearing next to a scaling bonus, because the two fields say different
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+ * things: Aave V4's bonus grows from ~0 at HF 1 to `maxLiquidationBonus`
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+ * here, so publishing the max alone reads as a flat penalty every liquidation
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+ * charges, and publishing nothing reads as a market with no penalty at all.
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+ */
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+ healthFactorForMaxBonus?: number;
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  trigger: Open<'price' | 'time' | 'price-and-time' | 'redemption' | 'none'>;
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  /** Max LTV at open. */
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  ltv?: number;