Proposal #95

Improving Vault and Bridge Security

Democracy
2yrs ago
3
Tabled

Based on the (discussion post)[https://interlay.subsquare.io/posts/37] this proposal will:

  • Changing slashing for vaults from unprocessed redeems from 10% to 2%

  • Increasing the minimum collateral for all vaults to $1,000 * secure_threshold to ensure premium redeems and liquidations remain profitable

The under-collateralized iBTC in the liquidation vault has already been burned in the meantime. There is still a ~$50 position in the liquidation vault, however, there is an ongoing redeem on this position, so that the liquidated iBTC cannot be burned at the moment.

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