For fast-track: Increase KSM Collateral Ceiling to 60k KSM
There is already a proposal to increase the KSM collateral ceiling to 60k KSM.
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.
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