DebtMinter smart contract manages the global CDP debt issuance limit.

Key concepts

Dynamic auto-adjusted limit

DebtMinter maintains a high enough hard cap on the allowed amount of minted BOB. In order to reduce risks associated with potential high instantaneous limit utilization, DebtMinter also limit the rate of debt limit increase over time. This is accomplished by maintaining the tentative dynamic debt limit. This limit is only allowed to increase once in a certain time period, and not by more than a configured amount.



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