Proposal #45
Activation of USDT as a Vault collateral on Interlay
Democracy
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Tabled

This is a follow-up to the canceled proposal 37 https://interlay.subsquare.io/democracy/proposal/37.

Based on the discussion post on Interlay (https://interlay.subsquare.io/post/14), I propose the activation of USDT as a vault collateral on interlay.

Please find below the parameter configuration proposed for the "USDT vaults":

  • Initial collateral ceiling: 200.000,00 USD equivalent
  • Secure collateral threshold: 155%
  • Premium redeem threshold: 145%
  • Liquidation threshold: 135%
  • Minimum collateral threshold: 150 USDT

Resources:

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Metadata
hash
0xb54b8e3b2b87d7eb7974dc34894f1a64412f9417306e062ae98258375a981da8
deposit
0 INTR
proposer
Call
Table
Json
callIndex0x0302
sectionutility
methodbatchAll
args
calls
0
callIndex0x3d0b
sectionvaultRegistry
methodsetLiquidationCollateralThreshold
args
currencyPair
collateral
foreignAsset2
wrapped
tokenIBTC
threshold1350000000000000000
1
callIndex0x3d0a
sectionvaultRegistry
methodsetPremiumRedeemThreshold
args
currencyPair
collateral
foreignAsset2
wrapped
tokenIBTC
threshold1450000000000000000
2
callIndex0x3d09
sectionvaultRegistry
methodsetSecureCollateralThreshold
args
currencyPair
collateral
foreignAsset2
wrapped
tokenIBTC
threshold1550000000000000000
3
callIndex0x3d08
sectionvaultRegistry
methodsetSystemCollateralCeiling
args
currencyPair
collateral
foreignAsset2
wrapped
tokenIBTC
ceiling200000000000
4
callIndex0x3d07
sectionvaultRegistry
methodsetMinimumCollateral
args
currencyId
foreignAsset2
minimum150000000
TimelineLatest activity undefined
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