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