Decrease the target Collateralisation Ratio for SNX stakers to 500%
The system is much more stable with the first successful set of liquidations executing without a hitch. Its a good time to further lower c-rations to increase the opportunity to mint more debt and increase returns for synth holders and traders
Liquidation process in place and working
Network and Active c-ratio are a very health 783% and 635% respectfully, even with recent drop in SNX price
Increased liquidity will support increased use of the exchange(s) and transaction fees
Increased demand for synths will drive more integrations with other DeFi platforms
It will allow us to further collect data on stability of the peg, would be market absorb the increased supply?
We now have liquidations
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Author : akinsawyerr