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

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Anchor Governance

Modify Market Parameters

Last modified 6mo ago

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