For fast-track: Increase KSM Collateral Ceiling to 60k KSM
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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.
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Hash
0x64cbcd141954a1efc2a66ea192ad54355b291bf8d9aeeec6a6bb77594be7a250
Proposer
Metadata
Proposer
Threshold
1
Hash
0x05261b01edc1ac8cd59833d279366dfaab61815a36e2fd4cf65bdc52575510b5
Call
Table
Json
callIndex | 0x1c03 | ||||
section | democracy | ||||
method | fastTrack | ||||
args |
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