Feedback for Mini sBTC

[igorsyl]

@MattySTX

Could the same approach be used in non-mini-sBTC so that if users send a peg-in request when the collateralization ratio is below the threshold it isn’t processed?

Yes @MattySTX! This is a great idea that can be combined with other tactics, such as:

Making sBTC ready for DeFi prime time

I find myself more convinced of the arguments against a hard cap. Probably is something best determined by the market and each individual participant and with the appropriate monitoring tools for people to make well-informed decisions. In addition to this, we could introduce a mechanism whereby on peg-in, a user could indicate their peg-out priority preference. They could indicate something like a minimum collateralization ratio (CR). Those that have specified a lower mimimum CR would have thei…

https://github.com/Trust-Machines/core-eng/issues/111

I’ve added your idea to the sBTC Project plan for scoping and implementation!
https://github.com/Trust-Machines/core-eng/issues/119