đź’ˇLast Updated: Dec 8th, 2022 - SCCP 246 Implementation
Governance Adjustable Variables
Target C-Ratio: 400%
Liquidation Ratio: 175%
Forced Liquidation Penalty: 75%
Self-Liquidation Penalty: 70%
Liquidation Delay: 8 hours
Within the next few hours (Saturday, May 14th, ~3:00-6:00AM UTC), Synthetix releases a new liquidation mechanism that completely overhauls