Risk and Protocol Engineering Core Units would like to put forward the following community request for raising the G-UNI DC to 500M.
Since this collateral went live, the debt ceiling has reached capacity at 50M.
Along with a debt ceiling increase, this proposed change should also include the following parameter changes:
- Liquidation Ratio lowered from 105% to 102%,
- Stability fee lowered from 1% to 0.5%
A 3rd party audit has successfully been completed and did not find any issues. This document will be shared when formally published by ChainSecurity.
Please voice any concerns or objections you may have to this proposal as GovAlpha will move this forward to an on-chain poll for MKR holders to vote on Monday 8th November.