---
title: Community Liquidations
description: In the event that the Stability Pool runs out of funds and the Dutch Auction is canceled, the collateral is sold on the spot market by the 3A DAO, and the EURO3 proceeds are used to pay the debt in the Vault.
section: 3A Protocol
order: 110
---

<!-- archive-notice -->
> **Archived.** The 3A lending protocol and EURO3 on Linea and Polygon were phased out in 2024: no new loans from
> 1 October 2024, and all remaining vaults closed on 30 November 2024
> ([3A DAO's announcement](https://medium.com/@3aDAO/phasing-out-euro3-lending-f5869a3498a8)). This page is kept
> for reference and describes the protocol as it was. Do not send funds to the contracts it lists.

In the event that the Stability Pool runs out of funds and the Dutch Auction is canceled, the collateral is sold on the spot market by the 3A DAO, and the EURO3 proceeds are used to pay the debt in the Vault.

If there’s a surplus, the remaining EURO3 is sent to the cashback pool. If there’s a deficit, the unpaid debt is automatically distributed over the remaining Vaults, proportionally to the existing debt in the Vaults.
