Motivation

Another side effect related to CRV price drop is connected with ca owners, which now has very strict limits like degenNFT & minimal debt (150K USDC atm). As long term consequences, it could reduce ca usage.

Suggestion

To democratise process of CA opening, the protocol could change these parameters:

1. reduce maxEnableTokens to 4 (from 8), which limits potential liquidation costs maxEnableTokens here is amount of token that are considered as collaterals in Credit Account. The higher value - higher potential liquidation costs.

2. reduce minDebt to Credit Managers:

• 30 eth for WETH CM (same for WETH CM for Curve v2 tokens),
• 60k DAI for DAI CM,
• 60k USDC for USDC CM,
• 2 WBTC for WBTC CM.

Previous discussion & proposal

GIP-69 were launched last week, but during voting community decided to change maxEnableTokens to 4 instead of 3. As result of it, changing limits from ~50k$ to 60k$.

Voting

Simple Approve / Reject