Protocol Variables Controlled by TTG

Name	Definition	Notes & Examples
$MintersList$	The list of Minters’ addresses	TTG name: $minters$ [0xbCcA4494d525008f70Ba72Ac8D1A57B4D1908FcF, ...]
$ValidatorsList$	The list of Validators’ addresses	TTG name: $validators$ [0xbCcA4494d525008f70Ba72Ac8D1A57B4D1908FcF, ...]
$EarnersList$	The list of whitelisted Earners’ addresses	TTG name: $earners$ [0xbCcA4494d525008f70Ba72Ac8D1A57B4D1908FcF, ...]
$mintRatio$ $MR$	The ratio that defines the amount of $owedM_{minter}$ a Minter may maintain relative to their $(collateralValue_{minter} - totalRetrievalAmount)$	TTG name: $mint\_ratio$ There is $10,000 of the $CV$ and the $MR$ is 95%. The Minter may mint up to $M 9,500 without incurring penalty charges.
$minterInterestRateModel$$minterRate$	Yearly Interest rate that continuously accrues on M owed to the protocol Smart contract that implements logic for calculation of $minterRate$ It implements $getRate()$ method that returns value of $minterRate$ in BPS	TTG name: $minter\_rate\_model$ APY % in BPS $minterRate$ = 100 bps
$earnerInterestRateModel$$earnerRate$	Yearly Interest rate that continuously accrues on M owned by $earners$ Smart contract that implements the logic for calculation of safe $earnerRate$ It implements $getRate()$ method that returns value of $earnerRate$ in BPS	TTG name: $earner\_rate\_model$ APY % in BPS $earnerRate$ = 500 bps
$penaltyRate$	A discrete fee that is levied on: $owedM_{minter}$ if $CV_{minter}$ was not updated on time. Penalty is charged only once per every missed $updateCollateralInterval$ $excessiveOwedM_{minter}$ if it is present after $CV_{minter}$ was updated	TTG name: $penalty\_rate$ penalty = 0.1% in BPS $penaltyRate$ = 10 bps
$mintDelay$	The amount of time by which a mint request is delayed before it can be executed	TTG name: $mint\_delay$ $mintDelay$ = 14,400 sec
$mintTTL$	The amount of time that mint request can remain live before it can no longer be executed	TTG name: $mint\_ttl$ $mintTTL$ = 3,600 sec
$minterFreezeTime$	The amount of time that $minter$ stays frozen after one $freeze$ call	TTG name: $minter\_freeze\_time$ $minterFreezeTime$ = 21,600 sec
$updateCollateralInterval$	The length of time in seconds that Minter has to call $updateCollateral$, from the previous time it was called by that minter, before they will incur the penalty.	TTG name: $update\_collateral\_interval$ $updateCollateralInterval$ = 108,000 sec
$updateCollateralValidatorThreshold$	The number of validators required to verify the validity of $updateCollateral$ data.	TTG name: $update\_collateral\_threshold$ $updateCollateralThreshold$ = 1
$isEarnersListIgnored$	Reserved for future use to be able to drop any whitelisting checks for earners	TTG name: $earners\_list\_ignored$ $earnersListIgnored = false$