precolator-program 1.0.0

Core Rust library for the Precolator perpetual futures trading protocol on Solana — oracle management, position handling, risk engine, and liquidation system.
Documentation
// Liquidation Keeper - Background service for monitoring and executing liquidations
//
// This keeper continuously monitors positions and executes liquidations
// when positions breach maintenance margin thresholds.

use std::time::Duration;
use std::thread;

fn main() {
    println!("⚠️  Precolator Liquidation Keeper v1.0.0");
    println!("Starting liquidation monitoring service...\n");

    let config = LiquidationKeeperConfig::default();
    let mut keeper = LiquidationKeeperService::new(config);

    loop {
        match keeper.check_liquidations() {
            Ok(count) => {
                if count > 0 {
                    println!("⚡ Liquidated {} positions", count);
                }
            }
            Err(e) => {
                eprintln!("❌ Error checking liquidations: {}", e);
            }
        }

        thread::sleep(Duration::from_secs(keeper.config.check_interval_secs as u64));
    }
}

struct LiquidationKeeperConfig {
    check_interval_secs: u32,
    #[allow(dead_code)]
    min_liquidation_size: u64,
    #[allow(dead_code)]
    liquidator_slippage_bps: u16,
    batch_liquidations: bool,
    #[allow(dead_code)]
    max_liquidations_per_block: u32,
}

impl Default for LiquidationKeeperConfig {
    fn default() -> Self {
        Self {
            check_interval_secs: 10,
            min_liquidation_size: 1_000_000,
            liquidator_slippage_bps: 50,
            batch_liquidations: true,
            max_liquidations_per_block: 10,
        }
    }
}

struct LiquidationKeeperService {
    config: LiquidationKeeperConfig,
    positions_checked: u64,
    liquidations_executed: u64,
}

impl LiquidationKeeperService {
    fn new(config: LiquidationKeeperConfig) -> Self {
        Self {
            config,
            positions_checked: 0,
            liquidations_executed: 0,
        }
    }

    fn check_liquidations(&mut self) -> Result<usize, String> {
        // In a real implementation, this would:
        // 1. Fetch all open positions from the protocol
        // 2. Get current oracle prices
        // 3. Calculate health factors for each position
        // 4. Identify liquidatable positions
        // 5. Execute liquidations
        // 6. Track rewards and metrics
        // 7. Log liquidation events

        self.positions_checked += 1;

        // Simulated liquidation check
        println!("  🔍 Checking {} open positions...", self.positions_checked);
        println!("  ✓ All positions healthy");

        Ok(0)
    }

    #[allow(dead_code)]
    fn execute_liquidation(&mut self, position_id: &str) -> Result<(), String> {
        // Execute liquidation with safeguards
        println!("  ⚡ Liquidating position: {}", position_id);

        self.liquidations_executed += 1;

        Ok(())
    }
}

#[cfg(test)]
mod tests {
    use super::*;

    #[test]
    fn test_liquidation_keeper_config() {
        let config = LiquidationKeeperConfig::default();
        assert_eq!(config.check_interval_secs, 10);
        assert!(config.batch_liquidations);
    }

    #[test]
    fn test_liquidation_keeper_creation() {
        let keeper = LiquidationKeeperService::new(LiquidationKeeperConfig::default());
        assert_eq!(keeper.positions_checked, 0);
        assert_eq!(keeper.liquidations_executed, 0);
    }
}