{"postId":"opengov:397","kind":"opengov","title":"BIL: raise deposit cap to 2.25M and enable HOLLAR borrowing (stage 2)","body":"# BIL: raise deposit cap to 2.25M and enable HOLLAR borrowing (stage 2)\n\nBIL launched as a supply-only product with HOLLAR borrowing intentionally disabled, as part of a staged rollout. This referendum completes stage 2 with three changes:\n\n1. Raises the BIL vault deposit cap from 2,000,000 to 2,250,000 HOLLAR.\n2. Enables HOLLAR borrowing against BIL collateral (LTV 50%, liquidation threshold 85%, unchanged from launch).\n3. Sets the initial borrowing capacity to 250,000 HOLLAR via the BIL facilitator bucket. Capacity will be raised in further stages as demand grows.\n\nPreimage: 0x471d0fd311a9a1473fdd68e6878a53567050ee174b7876461c86e04b17a5e3a2\nTrack: Economic Parameters\n","bodyFormat":"markdown","tldr":"","labels":[],"linked":[],"author":{"account":{"accountId":"0x8aee4e164d5d70ac67308f303c7e063e9156903e42c1087bbc530447487fa47f","address":"149AQApEw4Xe1DxWesqywiuGQHazbETMgWgT89WjEYFAc29y","emoji":"🍁","emojiName":"heimdall","emojiUrl":"https://cdn.discordapp.com/emojis/1005035405864869939.webp?size=32","tag":null,"identity":{"display":"lolmcshizz","verified":true,"email":"","web":"","twitter":"@lolmcshizz"},"profile":null},"legacyName":null},"authority":"subsquare","revision":0,"createdAt":"2026-08-28T15:16:42.000Z","editedAt":null,"lastActivityAt":"2026-08-31T09:04:24.000Z","commentsCount":0,"updatesCount":0,"upvotes":0,"threadKey":"opengov:397","source":{"name":"subsquare","id":"6a91a699781cee3ac4db7dc9","cid":null,"removed":false},"bannerCid":null,"banner":null,"poll":null,"locked":false,"media":{},"hidden":false,"generation":"926c8a30444d5d54"}