VIP-162 Add TWT market to DeFi Pool. Summary.
28 Aug 2023, 18:45
VIP-162 Add TWT market to DeFi Pool
Summary
If passed, this VIP will add a new market for TWT into the Isolated Lending DeFi pool.
Description
Related to VIP-134 and VIP-136, this VIP will add a market for TWT to the already existing DeFi pool.
Risk parameters
Following Chaos Labs recommendations, the risk parameters for the new market are:
Underlying token: TWT
Borrow cap: 500,000 TWT
Supply cap: 1,000,000 TWT
Collateral factor: 0.5
Liquidation threshold: 0.6
Reserve factor: 0.25
Bootstrap liquidity: 10,000 TWT - provided by the Trust Wallet Community.
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