Vaults should price collateral in Dollars #4714
Labels
Core Economy
OBSOLETE in favor of INTER-protocol
enhancement
New feature or request
Inter-protocol
Overarching Inter Protocol
oracle
Related to on-chain oracles.
Vaults
VaultFactor (née Treasury)
Milestone
What is the Problem Being Solved?
The stability of RUN relies on Vaults pricing collateral in dollars and lending RUN and liquidating Vaults based on the dollar price of the assets.
Description of the Design
The current code in
vaults.js
asks for prices in RUN.Security Considerations
This is about economic security of the platform, and doesn't impact platform security.
Test Plan
We'll need tests for the dollar-based oracles, and we'll need to update tests to rely on dollar-based oracles.
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