BOB
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    • ℹ️About
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        • NFTVaultRegistry
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    • 🧑‍🤝‍🧑Governance
      • BOB DAO
      • Protocol Governance
        • GP 0: Increase SAFE membership
        • GP 1: Bob Swap beta testing infrastructure
        • GP 2: Upgrade Contracts to v1.0.0
        • GP 3: Enable Bob Swap for Public Use
        • GP 4: Increase Multisig & Upgrade BOB contract on all networks
        • GP 5: Enable Bob Swap on Ethereum Mainnet
        • GP 6: Upgrade zkBob to support direct deposits
        • GP 7: Increase Multi-chain Inventory and Update Bob Swap
        • GP 8: Extend pool limits for KYC'd users
        • GP 9: Deactivate Kyberswap inventory pairs [Emergency Measure]
        • GP 10: Reallocate previous Kyberswap inventory
        • GP 11: Add 24 hour timelock to BOB contract on Optimism
        • GP 12: Raise Polygon limits
        • GP 13: Launch BOB CDP
        • GP 14: Migrate BOB pool to USDC on Polygon
        • GP 15: KYB tiers on Optimism
        • GP 16: Remove excess inventory on Arbitrum and BNB Smart Chain
        • GP 17: Remove excess inventory on Optimism and Ethereum
        • GP 18: Remove excess inventory on Polygon
        • GP 19: Accrued Revenue Allocation
        • GP 20: Migrate BOB pool to USDC on Optimism
        • GP 21: BOB inventory reduction
    • 📋Inventory
      • Inventory Actions
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On this page
  • Key concepts
  • Dynamic auto-adjusted limit
  • Methods
  1. BOB CDP
  2. Technical docs
  3. Smart Contracts

DebtMinter

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.

Methods

TBD

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Last updated 1 year ago

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