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Merge pull request #1081 from 0xldr/2024-04-0-12.1.2-gov-scope-amendment
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Proposed Gov 12.1.2 amendment - GOV10.1.2.3 edit
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0xldr committed Apr 4, 2024
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16 changes: 15 additions & 1 deletion MIP113/MIP113.md
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Expand Up @@ -814,11 +814,25 @@ The LINE_MOM contract manages the breaker for the Debt Ceilings of a configurabl

The Debt Ceiling Breaker affects both the Debt Ceiling and the Maximum Debt Ceiling of a given vault type when activated, disabling the Dynamic Debt Ceiling functionality for that vault type if enabled. To reverse the effect, parameters of affected vault types must be reconfigured with an executive vote which is subject to GSM Pause Delay.

The whitelist may be configured via a successful governance proposal, but must wait the GSM Delay before changes come into effect. At time of writing, the following vault types are whitelisted on the Debt Ceiling Breaker:
The whitelist may be configured via a successful governance proposal, but must wait the GSM Delay before changes come into effect. The whitelist is defined in *10.2.3.1A* and can be changed via the Weekly Governance Cycle.

##### 10.2.3.1A: Debt Ceiling Breaker Vault Types Whitelist

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- PSM (USDC) - PSM-USDC-A
- PSM (PAX) - PSM-PAX-A
- PSM (GUSD) - PSM-GUSD-A
- ETH-A
- ETH-B
- ETH-C
- WSTETH-A
- WSTETH-B
- WBTC-A
- WBTC-B
- WBTC-C

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#### 10.2.4: Liquidations Circuit Breaker

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