### Summary

This proposal will set the DOT Vault Collateral Ceiling On Interlay to 2,450,000 DOT.

### Proposal


Ahead of iBTC launch, this proposal increases the DOT collateral ceiling to 2,450,000 DOT - roughly 20,000,000 USD equivalent - to provide enough capacity for initial BTC liquidity growth. DOT is the main iBTC collateral at launch.

These numbers are based on projections derived from conversations with current/onboarding Vault operators.  



### Requesting TC Fast-track

Since this is an initial ceiling setting and we want to get everything ready for the launch, we request TC fast track to move quickly with setting initial system settings.


- The proposal is about increasing the DOT Vault Collateral Ceiling on Interlay.
- The new ceiling will be 2,450,000 DOT, which is worth around 20,000,000 USD.
- This is needed for the launch of iBTC and to provide enough capacity for initial BTC liquidity growth.
- DOT is the main collateral for iBTC at launch.
- They are requesting TC fast-track to quickly set the initial system settings.

Set initial DOT Collateral Ceiling to 2,450,000 DOT

Summary

Proposal

Requesting TC Fast-track