Force Settlement

Force Settlement

Force settlement allows any SbAsset holder to redeem tokens directly against the collateral backing them at the current feed price via asset_settle_operation. Settlement is delayed by force_settlement_delay_sec; the feed price at execution time applies, not the submission price.

A settlement offset (force_settlement_offset_percent) applies a small price penalty to the settler, protecting short position holders. A volume cap (maximum_force_settlement_volume) limits the percentage of total SbAsset supply that can be force-settled within a single maintenance interval, preventing settlement runs.