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* add overview and basic structure * add state and params * add basic messages * add state transitions * add begin block state transitions * add missing titles * add concepts * add events * update state and concepts * update for liquidator changes * update events * mention module accounts * update begin block * update params * update page numbering * add fee descriptions * add broken link linter * add broken link linter to CI * move link check to end of CI * update typo Co-Authored-By: Kevin Davis <karzak@users.noreply.github.com> * address review comments * Update x/cdp/spec/06_params.md Co-Authored-By: Kevin Davis <karzak@users.noreply.github.com> * Update x/cdp/spec/README.md Co-Authored-By: Kevin Davis <karzak@users.noreply.github.com> * Update x/cdp/spec/README.md Co-Authored-By: Kevin Davis <karzak@users.noreply.github.com> Co-authored-by: Kevin Davis <karzak@users.noreply.github.com>
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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 | array (DebtParam) | [{see below}] | array of params for each enabled pegged asset |
| GlobalDebtLimit | array (coin) | [{"denom":"usdx","amount":"1000"}] | maximum pegged assets that can be minted across the whole system |
| CircuitBreaker | bool | false | flag to disable user interactions with the system |
Each CollateralParam has the following parameters:
| Key | Type | Example | Description |
|---|---|---|---|
| Denom | string | "pbnb" | collateral coin denom |
| LiquidationRatio | string (dec) | "1.500000000000000000" | the ratio under which a cdp with this collateral type will be liquidated |
| DebtLimit | array (coin) | [{"denom":"pbnb","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 |
| MarketID | string | "BNB/USD" | price feed identifier for this collateral type |
| ConversionFactor | string (int) | "6" | 10^_ multiplier to go from external amount (say BTC1.50) to internal representation of that amount (150000000) |
Each 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 |