Modify Collateral Attributes
The attributes of a whitelisted lAsset collateral is determined by its
Max LTVparameter, 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 LTVvalues and vice versa. For example, providing 100 nYUSD worth of collaterals with a
Max LTVof 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 LTVvalue as its properties change over time.