5.5.7. Liquidation Process of Saving Group Participant
If a savings group participant has not received the savings payment and naturally deposited collateral in previous periods, and if that user has not made the payment within 90% of the payment period in any period, the participant's liquidation process begins.
The savings group participation NFTs mentioned above and detailed in the platform assets section below are a proof of the participant's participation in the savings group and the rights and obligations related to the group. Therefore, the liquidation of the participant who does not fulfill its payment obligation will be with the sale and transfer of the participation NFTs.
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