{
    "Function": "liquidate",
    "File": "src/V3Vault.sol",
    "Parent Contracts": [
        "src/interfaces/IErrors.sol",
        "lib/openzeppelin-contracts/contracts/token/ERC721/IERC721Receiver.sol",
        "src/interfaces/IVault.sol",
        "lib/openzeppelin-contracts/contracts/interfaces/IERC4626.sol",
        "lib/openzeppelin-contracts/contracts/access/Ownable.sol",
        "lib/openzeppelin-contracts/contracts/utils/Multicall.sol",
        "lib/openzeppelin-contracts/contracts/token/ERC20/ERC20.sol",
        "lib/openzeppelin-contracts/contracts/token/ERC20/extensions/IERC20Metadata.sol",
        "lib/openzeppelin-contracts/contracts/token/ERC20/IERC20.sol",
        "lib/openzeppelin-contracts/contracts/utils/Context.sol"
    ],
    "High-Level Calls": [
        "IPermit2",
        "SafeERC20"
    ],
    "Internal Calls": [
        "_checkLoanIsHealthy",
        "_updateGlobalInterest",
        "abi.decode()",
        "_handleReserveLiquidation",
        "revert SlippageError()",
        "revert TransformNotAllowed()",
        "revert DebtChanged()",
        "revert NotLiquidatable()",
        "_sendPositionValue",
        "_calculateLiquidation",
        "_cleanupLoan",
        "_convertToAssets"
    ],
    "Library Calls": [
        "safeTransferFrom"
    ],
    "Low-Level Calls": [],
    "Code": "function liquidate(LiquidateParams calldata params) external override returns (uint256 amount0, uint256 amount1) {\n        // liquidation is not allowed during transformer mode\n        if (transformedTokenId > 0) {\n            revert TransformNotAllowed();\n        }\n\n        LiquidateState memory state;\n\n        (state.newDebtExchangeRateX96, state.newLendExchangeRateX96) = _updateGlobalInterest();\n\n        uint256 debtShares = loans[params.tokenId].debtShares;\n        if (debtShares != params.debtShares) {\n            revert DebtChanged();\n        }\n\n        state.debt = _convertToAssets(debtShares, state.newDebtExchangeRateX96, Math.Rounding.Up);\n\n        (state.isHealthy, state.fullValue, state.collateralValue, state.feeValue) =\n            _checkLoanIsHealthy(params.tokenId, state.debt);\n        if (state.isHealthy) {\n            revert NotLiquidatable();\n        }\n\n        (state.liquidationValue, state.liquidatorCost, state.reserveCost) =\n            _calculateLiquidation(state.debt, state.fullValue, state.collateralValue);\n\n        // calculate reserve (before transfering liquidation money - otherwise calculation is off)\n        if (state.reserveCost > 0) {\n            state.missing =\n                _handleReserveLiquidation(state.reserveCost, state.newDebtExchangeRateX96, state.newLendExchangeRateX96);\n        }\n\n        if (params.permitData.length > 0) {\n            (ISignatureTransfer.PermitTransferFrom memory permit, bytes memory signature) =\n                abi.decode(params.permitData, (ISignatureTransfer.PermitTransferFrom, bytes));\n            permit2.permitTransferFrom(\n                permit,\n                ISignatureTransfer.SignatureTransferDetails(address(this), state.liquidatorCost),\n                msg.sender,\n                signature\n            );\n        } else {\n            // take value from liquidator\n            SafeERC20.safeTransferFrom(IERC20(asset), msg.sender, address(this), state.liquidatorCost);\n        }\n\n        debtSharesTotal -= debtShares;\n\n        // send promised collateral tokens to liquidator\n        (amount0, amount1) =\n            _sendPositionValue(params.tokenId, state.liquidationValue, state.fullValue, state.feeValue, msg.sender);\n\n        if (amount0 < params.amount0Min || amount1 < params.amount1Min) {\n            revert SlippageError();\n        }\n\n        address owner = tokenOwner[params.tokenId];\n\n        // disarm loan and send remaining position to owner\n        _cleanupLoan(params.tokenId, state.newDebtExchangeRateX96, state.newLendExchangeRateX96, owner);\n\n        emit Liquidate(\n            params.tokenId,\n            msg.sender,\n            owner,\n            state.fullValue,\n            state.liquidatorCost,\n            amount0,\n            amount1,\n            state.reserveCost,\n            state.missing\n        );\n    }"
}