Activation of USDT as a Vault collateral on Interlay
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
- USDT Asset Registered: https://interlay.subsquare.io/democracy/referendum/27
- Statemint XCM Channel: https://interlay.subsquare.io/democracy/referendum/32
- Governance guides: https://docs.interlay.io/#/guides/governance (incl. how to make a proposal)
- Python code used for the analysis of new assets proposed as vault collateral: https://github.com/interlay/collateralization-analysis
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