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For fast-track: Increase KSM Collateral Ceiling to 60k KSM
4mos ago
Executed

There is already a proposal to increase the KSM collateral ceiling to 60k KSM.
https://kintsugi.subsquare.io/democracy/referendum/29

The proposer asked for a TC fast-track - the TC seems and all Vault operators who have voiced their opinion in the comments or in the Discord are in favor.

However, since the proposal already became a referendum, it can no longer be fast-tracked. This means it would take 10 days to activate which - given the current KSM price drop and dire need for Vault to be able to add more collateral - is not feasible.

I have hence created a new proposal that can be fast tracked.

@TC: please fast track asap so us vault operators can add more KSM to avoid liquidation.

Edited
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Passed

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Metadata
Proposer
Hash
Delay
02022-05-01 22:12:36
End
02022-05-01 22:08:24
Threshold
Call
Table
Json
callIndex0x1408
sectionvaultRegistry
methodsetSystemCollateralCeiling
args
currencyPair
collateral
tokenKSM
wrapped
tokenKBTC
ceiling60000000000000000
TimelineLatest activity 4mos ago
2022-05-01 15:11:54
Proposed
Index
#32
2022-05-01 16:22:00
FastTracked
2022-05-01 16:22:00
Started
referendumIndex
30
voteThreshold
SuperMajorityAgainst
2022-05-01 22:08:24
Passed
referendumIndex
30
2022-05-01 22:12:36
Executed
result
ok
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