Interlay (INTR) is a management token of a decentralized network, which is connected to Cosmos, Ethereum and other major DeFi networks. The token is required for making management proposals and voting on them, as well as for rewards and commissions.

Interlay news today, INTR crypto latest news of token ticker

Interlay

Telegram

Individual Secure Thresholds

With the release of version 1.17.0 of the Kintsugi parachain, each Vault can now set an individual secure threshold.

The secure threshold is a collateralization threshold that acts as a buffer above the thresholds that penalize a Vault. Being below the secure threshold incurs no penalty, but it disables the Vault's ability to accept issue requests, limiting the risk of its collateralization falling further.

There is a minimum global secure threshold enforced across all Vaults. With this new feature, Vault operators can set a custom, higher threshold if they wish for a bigger security margin.

Instead of disabling Vaults for new issue requests, Vaults can now set just a higher threshold to block user from issuing more BTC against their Vault.

To use this new feature, please follow the docs: https://docs.interlay.io/#/vault/guide?id=setting-a-custom-secure-threshold

Note: For now, this feature is only available via polkadot.js. UI integration is planned

Individual Secure Thresholds. With the release of version 1.