This bot is designed to help operators manage the courtesy call events when their keeps become under collateralized.
This code might be run by

• Node Operators looking to manage the Keeps in their Node
• Service providers offering to redeem Keeps in courtesy call for a fee

The TBTC economic security model requires 150% collateralisation with ETH for the BTC in custody. At 125% the keep is put into a courtesy call for 6 hours before being liquidated. At 110% a liquidation is automatically triggered.
The 6 hour window from courtesy call to liquidation makes the active management of the node problematic due to the fluctuations in the BTC / ETH ratio.

31.12.2020

• I am Building a bot to help operators redeem keeps that become under collateralised.