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.