Proposal #104
Increase LKSM/KBTC SystemCollateralCeiling to 55,000
Democracy
0 Comments
Tabled

Currently the Collateral Ceiling for LKSM/KBTC is 38,000 LKSM and the ceiling is reached.

This proposal increases the Collateral Ceiling for LKSM/KBTC to 55,000 LKSM. This is the recommendation from the Interlay Team.

Reason this the ceiling should be increased:

  • Give vault owners flexibility to increase their collateral when vault falls below threshold. As it is now the vault owners would hit a ceiling.
  • Increase Liquid KSM / Liquid staking tokens exposure to Kintsugi vaults
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This proposal has been turned into referendum.
Metadata
hash
0x29c1e339368374a8d2deebbdca2804ec7041cf83206c0d7816fca698d2dc4c1d
deposit
0 KINT
proposer
Call
Table
Json
callIndex0x3d06
sectionvaultRegistry
methodsetSystemCollateralCeiling
args
currencyPair
collateral
foreignAsset2
wrapped
tokenKBTC
ceiling55000000000000000
TimelineLatest activity undefined
2023-03-15 18:59:18
Proposed
Index
#104
2023-03-20 09:00:12
Tabled
Referenda Index
#97
Deposit
5 vKINT
Depositors
2023-03-20 09:00:12
Started
referendumIndex
97
voteThreshold
SuperMajorityApprove
2023-03-22 09:54:30
Passed
referendumIndex
97
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