As per the outcome of this poll voted by the Maker Governance on November 22d, the proposal of WBTC (Wrapped Bitcoin) to be onboarded as the vault type WBTC-C is available for execution from Nov 29.
This will allow for increasing your WBTC exposure with a higher Liquidity Ratio but a lower Stability Fee.

This new WBTC-C ilk will allow you to get multiples up to 2.3x. If you would like to open a WBTC-C multiply vault yourself, you can do so now, here. 

With a Liquidation Ratio set to 175% and a SF of 1.5%, WBTC-C is now the best version of WBTC to be used on Oasis.app Multiply for low multiples, or long-term borrowing.

Read below to see which will be all the parameters for WBTC-C voted by the Maker Governance:

• Stability Fee: 1.5%
• Liquidation Ratio: 175%
• Maximum Debt Ceiling (line): 1 billion DAI
• Target Available Debt (gap): 100 million DAI
• Ceiling Increase Cooldown (ttl): 8 hours
• Debt Floor (dust): 7,500 DAI

Liquidation Parameters

• Auction Price Function (calc): Stairstep Exponential
• Price Change Multiplier (cut): 0.99
• Price Change Interval (step): 90 seconds
• Auction Price Multiplier (buf): 1.2
• Liquidation Penalty (chop): 13%

Liquidation Limits

• Local Liquidation Limit (ilk.hole): 25 million DAI
• Maximum Auction Drawdown (cusp): 0.4
• Maximum Auction Duration (tail): 90 minutes
• Breaker Price Tolerance (tolerance): 0.5

November 29, 2021