Modify Collateral Attributes

The attributes of a whitelisted bAsset collateral is determined by its Max LTV parameter, defined as the maximum portion of collateral value that can be borrowed. This value signals bAsset's the level of usability as Anchor collateral, where bAssets that make poor collateral (e.g. low exchange liquidity, high price volatility) are assigned low Max LTV values and vice versa. For example, providing 100 UST worth of collaterals with a Max LTV of 50% enables the user to borrow up to 50 UST.

Through the Modify Collateral Attributes poll, the Anchor community is able to adjust a bAsset collateral's Max LTV value as its properties change over time.

Parameter Name	Description
Max LTV	Maximum portion of collateral value that can be borrowed

Parameter Values

Up-To-Date

Collateral Ticker	Collateral Name	Parameter Name	Human-Readable Value	Raw Value (In Contract State)
bLUNA	Bonded Luna	Max LTV	80%	0.8
bETH	Bonded ETH	Max LTV	60%	0.6

At Protocol Genesis

Collateral Ticker	Collateral Name	Parameter Name	Human-Readable Value	Raw Value (In Contract State)
bLUNA	Bonded Luna	Max LTV	50%	0.5

Poll Format

Field	Description	Optionality
Title	Poll title	Required
Proposal Rationale	Short description of poll rationale	Required
Information Link	External URL for further information	Optional
Collateral	Ticker of collateral to modify parameter	Required
Max LTV	Proposed new Max LTV value for collateral	Required