4.3 KiB
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 |
| CircuitBreaker | bool | false | flag to disable user interactions with the system |
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 to go from external amount (say BTC1.50) to internal representation of that amount (150000000) |
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 |