Proposal #104
Referendum #97

Increase LKSM/KBTC SystemCollateralCeiling to 55,000

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Passed

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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383.77vKINT
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