This proposal, if approved, will reduce the HOLLAR debt ceiling for apyUSD collateral from 2,222,222 to 1,000,000
This is to prevent further HOLLAR borrowing against apyUSD, whilst there is market uncertainty around STRC & ongoing apyUSD/ apxUSD depeg - given there are already 1,700,000 HOLLAR borrowed this way.
Threshold
Threshold