LUCRA PROTOCOL
Search…
⌃K

Modify Collateral Attributes

The attributes of a whitelisted lAsset collateral is determined by its Max LTV parameter, defined as the maximum portion of collateral value that can be borrowed. This value signals lAsset's the level of usability as Lucra collateral, where lAssets 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 nYUSD worth of collaterals with a Max LTV of 65% enables the user to borrow up to 65 nYUSD.
Through the Modify Collateral Attributes poll, the Lucra community is able to adjust a lAsset 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

Genesis Values

Collateral Ticker
Collateral Name
Parameter Name
Value
lNEP
Lended NEP
Max LTV
65%

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