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

Last updated