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