Proposal #92
Referendum #88

Activation of USDT as a Vault collateral on Kintsugi

Democracy
2yrs ago
0
Executed

Proposal

Following the discussion post on Interlay (https://interlay.subsquare.io/post/14), and the numerous requests by Vault operators, I propose the activation of USDT as a vault collateral on Kintsugi.

The configuration proposed (taking account analysis by the Interlay team) for USDT is as follows:

  • Initial collateral ceiling: 100.000,00 USD equivalent
  • Secure collateral threshold: 165%
  • Premium redeem threshold: 155%
  • Liquidation threshold: 140%
  • Minimum collateral threshold: 150 USDT

Resources:

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