A new token can be registered to Interlay using the interbtc-api. Simply clone the repo and change the respective parts of the script, which can be found under ~/scripts/register-asset.ts ts-node scripts/register-asset.ts runs the script and will provide you with the extrinsic.

If you don’t want to add the newly registered token to the lending market, as vault collateral or create a DEX pool, simply change/remove the corresponding parts in the scripts.

Before running the script, the parameters need to be adjusted to the newly added assets. For information about the parameters and how to estimate them please see the links below.

Estimating the collateral thresholds

To estimate the thresholds for the bridge (vaults) or the lending market please see:

https://github.com/interlay/collateralization-analysis

Add or adjust bridge collateral thresholds

https://docs.interlay.io/#/guides/governance?id=add-or-adjust-bridge-collateral-thresholds

Update system collateral ceiling

https://docs.interlay.io/#/guides/governance?id=update-the-system-collateral-ceiling

Adding a new token to the lending market

Posting the proposal

To post the proposal, please follow this guide: https://docs.interlay.io/#/guides/governance?id=on-chain-proposal

Note that you need at least 250 vINTR, so you should stake at least 251 INTR for the max period because it decreases continuously, per block.

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