# MIP84c6: Modify the Collateralization Ratio of the Protocol-Owned Vault Emulation

## Preamble

```
MIP84c6-SP#: #
Author(s):
Contributors:
Tags: template
Status:
Date Proposed: <yyyy-mm-dd>
Date Ratified: <yyyy-mm-dd>
```

## Sentence Summary

## Paragraph Summary

## Specification

### Motivation

- Why are you proposing this modification to the state?

### New Collateralization Ratio

- This section contains the new Collateralization Ratio and the new POVEDC equation to replace the current parameters if the subproposal passes.