# Parameters The cdp module contains the following parameters: | Key | Type | Example | Description | |------------------------------|-------------------------|------------------------------------|------------------------------------------------------------------| | CollateralParams | array (CollateralParam) | [{see below}] | array of params for each enabled collateral type | | DebtParams | DebtParam | {see below} | array of params for each enabled pegged asset | | GlobalDebtLimit | coin | {"denom":"usdx","amount":"1000"} | maximum pegged assets that can be minted across the whole system | | SavingsDistributionFrequency | string (int) | "84600" | number of seconds between distribution of the savings rate | | GlobalDebtLimit | coin | {"denom":"usdx","amount":"1000"} | maximum pegged assets that can be minted across the whole system | | DebtAuctionThreshold | string (int) | "100000000000" | amount of system debt before a debt auction is triggered | | SurplusAuctionThreshold | string (int) | "100000000000" | amount of system surplus before a surplus auction is triggered | | DebtAuctionLot | string (int) | "10000000000" | amount of debt that each debt auction will attempt to recoup | | SurplusAuctionLot | string (int) | "10000000000" | amount of surplus that will be sold at each surplus auction | Each CollateralParam has the following parameters: | Key | Type | Example | Description | |---------------------|---------------|------------------------------------------|-------------------------------------------------------------------------------| | Denom | string | "bnb" | collateral coin denom | | LiquidationRatio | string (dec) | "1.500000000000000000" | the ratio under which a cdp with this collateral type will be liquidated | | DebtLimit | coin | {"denom":"bnb","amount":"1000000000000"} | maximum pegged asset that can be minted backed by this collateral type | | StabilityFee | string (dec) | "1.000000001547126" | per second fee | | Prefix | number (byte) | "34" | identifier used in store keys - **must** be unique across collateral types | | SpotMarketID | string | "bnb:usd" | price feed identifier for the spot price of this collateral type | | LiquidationMarketID | string | "bnb:usd:30" | price feed identifier for the liquidation price of this collateral type | | ConversionFactor | string (int) | "6" | 10^_ multiplier for external (BTC1.50) to internal (150000000) representation | DebtParam has the following parameters: | Key | Type | Example | Description | |------------------|--------------|------------|------------------------------------------------------------------------------------------------------------| | Denom | string | "usdx" | pegged asset coin denom | | ReferenceAsset | string | "USD" | asset this asset is pegged to, informational purposes only | | ConversionFactor | string (int) | "6" | 10^_ multiplier to go from external amount (say $1.50) to internal representation of that amount (1500000) | | DebtFloor | string (int) | "10000000" | minimum amount of debt that a CDP can contain | | SavingsRate | string (dec) | "0.95" | the percentage of accumulated fees that go towards the savings rate |