Decrease Liquidation Ratio of ETH vault from 200% to 150%
TCAP Price on secondary markets is much higher than Oracle price (at this moment is an $80 difference). Meaning that users that want to buy and hold TCAP will need to pay a premium to get it. After weeks of monitoring the market, the ETH price movement has been in more correlation with the Total Crypto Currency Market movement, making it more viable to reduce its liquidation ratio 50%, not being the case with the DAI vault.
Reducing the Ratio will allow minters to create more TCAP with less ETH collateral in an attempt to increase the supply and reduce the secondary market price.
Reduce Liquidation Ratio to 150%
Keep Liquidation Ratio on 200%