# Liquidations If the collateral's value falls below the borrowed amount, the borrower's position is subject to liquidation. The borrow limit sets the risk threshold, and liquidation is triggered when this ratio surpasses the maximum Loan-to-Value (LTV) limit, which is 70%. If the loan value surpasses 70% of the collateral's value, a partial liquidation is initiated. In this scenario, liquidator bots receives a 15% liquidation incentive. They will liquidate up to 50% of the borrower's collateral. After deducting the liquidation incentive, the remaining amount is returned to the borrower, thereby restoring the borrower's position health to a stable level.\ \ **NOTE:** as soon as the borrowing occurs, the interest rate is starting to accumulate, it is inadvisable to borrow maximum collateral limit. --- # Agent Instructions: Querying This Documentation If you need additional information that is not directly available in this page, you can query the documentation dynamically by asking a question. Perform an HTTP GET request on the current page URL with the `ask` query parameter: ``` GET https://doc.ionic.money/ionic-documentation/ionic-protocol/liquidations.md?ask= ``` The question should be specific, self-contained, and written in natural language. The response will contain a direct answer to the question and relevant excerpts and sources from the documentation. Use this mechanism when the answer is not explicitly present in the current page, you need clarification or additional context, or you want to retrieve related documentation sections.