First post; my view, coming from a futures/options trading background, is that certain mAssets (such as SPY, AMZN) are highly overcollateralized while others (GME, AMC, VXY) are arguably undercollateralized.
Would it be possible to calculate a rolling 30-day Realized Volatility from the oracle feed, or, ideally, the 30-day expiry ATM implied volatility (not sure of data source) to generate a floating collateral requirement unique to each mAsset’s varying risk profile? This would be a route to dramatically improve capital efficiency in the ecosystem in a manner that I think mAsset buyers may not object to, since it would help convergence.
I’m interested in what others think about this, but I believe it’s reasonable that assets like SPY & AMZN would actually be closer to a 25% minimum rather than current 130-150%. Meanwhile based on realized & historical vol in recent weeks GME capital requirement maybe should have been higher than where it is currently set. This is intuitive to me but I am interested in other perspectives.
Would a proposal like this be feasible/any support?