This proposal will update auction collateral size limit as
10,000 ACA
1,000 DOT
1,200 LcDOT
5,000 LDOT
to reduce liquidation impact in response to current volatile market conditions.

The proposal aims to develop Polkadot Live, a desktop application aimed at enhancing the Polkadot user experience. It addresses current challenges such as the lack of proactive web apps and fragmented notification systems. Polkadot Live provides proactive notifications and quick responsive action calls, improving user engagement and interaction with the Polkadot ecosystem.

- The proposal is about changing the limits on how much collateral can be used in auctions.
- The new limits will be 10,000 ACA, 1,000 DOT, 1,200 LcDOT, and 5,000 LDOT.
- This change is being made to help reduce the impact of market changes.
- The market is currently very unpredictable.
- The goal is to make sure that auctions are fair and don't cause too much disruption.

Update auction collateral size limit.

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