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Revive GSed bitassets based on ICR rather than MCR #2505

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merged 3 commits into from
Oct 7, 2021

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@abitmore abitmore commented Oct 6, 2021

PR for #2290.

Feature:

  • Globally-settled assets get revived only when CR of existing collateral bids plus the settlement funds exceed ICR but not only MCR, so that the new debt positions after revival would be farther away from being margin called.

@abitmore abitmore added this to In Development in Protocol Upgrade Release (6.0.0) via automation Oct 6, 2021
@abitmore abitmore moved this from In Development to In Testing in Protocol Upgrade Release (6.0.0) Oct 6, 2021
@abitmore abitmore linked an issue Oct 6, 2021 that may be closed by this pull request
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@abitmore abitmore merged commit 7382efd into hardfork Oct 7, 2021
Protocol Upgrade Release (6.0.0) automation moved this from In Testing to Done Oct 7, 2021
@abitmore abitmore deleted the pr-2290-gs-revive-by-icr branch October 7, 2021 22:11
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Revival of globally-settled assets should depend on ICR but not MCR
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