Economic Parameters

Global Parameters	Description	Initial Value	Valid values
minMargin	Minimum maintenance margin	3%	[2%, 20%]
minMarginAtCreation	Minimum margin for opening a position	5%	[minMargin, 50%]
minPositiveOpenNotional	Minimum openNotional of a position	35	[0, 10000]
liquidationReward	% openNotional payed to liquidator & insurance	1.5%	[1%, minMargin]
liquidationRewardsInsuranceShare	% of liquidation reward payed to insurance	30%	[0, 100%]
liquidationDiscount	discount on non-ua assets during liquidations	95%	[nonUACollSeizureDiscount + 10%, 100%]
nonUACollSeizureDiscount	discount on non-ua assets during asset seizure	85%	[0%, liquidationDiscount + 10%]
uaDebtSeizeThreshold	threshold for UA debt when assets can be seized	10,000	[100, inf]
insuranceRatio	% vault assets with insurance reserve	10%	[10% 50%]
heartBeat	grace period until prices are refreshed	NA	-
gracePeriod	grace period after sequencer went back up	NA	[1 min, 1 hour]
weight	asset weight	1 (UA)	[10%, 100%]
maxAmount	deposit cap on reserve token of Vault	inf (UA)	[0, inf]
maxMintCap	minting cap on reserve token for UA	10,000,000 (USDC)	[0, inf]

inf = maximum value available for this type (i.e. for an UINT256 that would be 256**2-1)

ETHUSD Market Parameters	Description	Initial Value	Range
riskWeight	weight of user debt in this market	3	[1, 50]
maxLiquidityProvided	limit on maximum quote amount provided	2,000,000	[0, inf]
sensitivity	sensitivity of funding rate)	3	[0.2, 10]
twapFrequency	frequency of twap updates	15 min	[1 min, 60 min]
maxBlockTradeAmount	maximum amount that can be traded per timestamp	50,000	[100, inf]
insuranceFee	fee charge on opening a position	0.1%	[0.001%, 1%]
lpDebtCoef	relative weight of LPs towards their debt	3	[1, 20]
lockPeriod	time for which LPs can not withdraw their liquidity	1 hour	[10 min, 30 days]
heartBeat	grace period until prices are refreshed	NA	-
gracePeriod	grace period after sequencer went back up	NA	[1 min, 1 hour]

Our parameters for heartBeat and gracePeriod are not representative of the real values globally.