Alula's governance queue forces market-parameter changes to wait out a fixed period, giving institutional RWA borrowers time to rebalance positions before collateral requirements tighten or borrowing capacity shrinks.
Alula's governance mechanism queues all market-parameter changes and enforces a fixed waiting period before they apply, providing institutional borrowers running leveraged RWA positions advance notice to rebalance exposure. Three settings drive borrowing capacity: position ceiling (max open positions per account), collateral floor (minimum deposit size to count toward borrowing power), and bad-debt lock (post-insolvency duration). Raising the collateral floor can strip smaller positions from the capacity calculation without touching prices. For highly leveraged desks, the gap between current and post-change capacity determines whether a position remains solvent or faces forced deleveraging. Because the waiting period length is immutable (set once at market launch), the governance queue becomes a robust, predictable institutional risk control rather than a surprise.
