Enable LDOT as Collateral

We’d like to propose enabling LDOT as collateral with conservative ratios while supporting aUSD liquidity under current market conditions.

  • will start at 2022/05/12 08:00 UTC
  • Liquidation Ratio: 2.25
  • Min collateral ratio: 3.0
  • Liquidation penalty: 0.15
  • Stability fee: 0.03
  • Debt ceiling: $3M

This have been enacted by financial council: Enable LDOT as Collateral

In an extremely volatile market, is the liquidation penalty large enough to keep aUSD stable?