Current System Parameters

Mainnet RAI

The following list contains parameters that are not automatically adjusted by smart contracts.

Quick Glance

  • Maximum amount of debt per Safe: 10B

  • ETH-A annual borrow rate/stability fee: -0.5%

  • Global debt ceiling: MAX_UINT

  • Liquidation penalty: 12%

  • ETH-A increasing discount auction minimum bid: 25 (WAD)

AccountingEngine

  • disableCooldown - 1,814,400 (21 days)

  • popDebtDelay - 1,036,800 (12 days)

  • surplusAuctionDelay - 0

SafeEngine

  • globalDebtCeiling - MAX_UINT

  • safeDebtCeiling - 10B (WAD)

TaxCollector

  • ETH-A annual stability fee - -0.5%

  • globalStabilityFee - 0

  • maxSecondaryReceivers - 5

LiquidationEngine

  • ETH-A liquidationPenalty - 12%

  • ETH-A liquidationQuantity - 90,000 (RAD)

  • onAuctionSystemCoinLimit - 10,000,000,000,000 (10T)

CoinJoin

  • decimals - 18

SurplusAuctionHouse

  • bidDuration - 3600

  • bidIncrease - 3%

  • totalAuctionLength - 259,200 (3 days)

DebtAuctionHouse

  • amountSoldIncrease - 20%

  • bidDecrease - 3%

  • bidDuration - 1800

  • totalAuctionLength - 259,200 (3 days)

DSPause

  • EXEC_TIME - 259,200 (3 days)

  • MAX_DELAY - 2,419,200 (28 days)

  • MAX_DELAY_MULTIPLIER - 3

  • delay - 14,400

  • delayMultiplier - 3

  • maxScheduledTransactions - 10

  • protestEnd - 500

  • protesterLifetime - 15

Coin

  • version - 1

  • symbol - RAI

  • name - Rai Reflex Index

  • decimals - 18

  • chainId - 1

  • PERMIT_TYPEHASH - 0xea2aa0a1be11a07ed86d755c93467f4f82362b452371d1ba94d1715123511acb

  • DOMAIN_SEPARATOR - 0x0cb557711fbe89adc93440596bbd9aa3e811730a4c4ca1a07cb5c0c50fd3eb1c

OracleRelayer

  • ETH-A safetyCRatio - 145%

  • ETH-A liquidationCRatio - 145%

  • redemptionRateLowerBound - 999987563275136890352859595

  • redemptionRateUpperBound - 1000000267417929490714933462

GlobalSettlement

  • shutdownCooldown - 345,600 (4 days)

StabilityFeeTreasury

  • expensesMultiplier - 3

  • surplusTransferDelay - 1,209,600 (14 days)

RateSetter

  • updateRateDelay - 28,800 (8 hours)

IncreasingDiscountCollateralAuctionHouse - ETH-A

  • collateralType - ETH-A

  • minDiscount - 8%

  • maxDiscount - 12%

  • minimumBid - 25 (WAD)

  • totalAuctionLength - 281,474,976,710,655

RAI Medianizer

  • converterFeedScalingFactor - 1 (WAD)

  • defaultAmountIn - 1 (WAD)

  • granularity - 4

  • maxWindowSize - 93,600 (26 hours)

  • periodSize - 14,400 (4 hours)

  • symbol - RAIUSD

  • windowSize - 57,600 (16 hours)

ETH Medianizer

  • multiplier - 10

  • staleThreshold - 6 (hours)

  • symbol - ETHUSD