From c749af86232029c0abc8b031366251a05e482930 Mon Sep 17 00:00:00 2001
From: Samuel Siegart <samsiegart@gmail.com>
Date: Mon, 13 Dec 2021 10:39:25 -0800
Subject: [PATCH] fix(treasury): use liquidationMargin for maxDebt calculation
 (#4163)

---
 packages/treasury/src/vault.js | 5 ++++-
 1 file changed, 4 insertions(+), 1 deletion(-)

diff --git a/packages/treasury/src/vault.js b/packages/treasury/src/vault.js
index 362c1918af5..3cb5d6e94ed 100644
--- a/packages/treasury/src/vault.js
+++ b/packages/treasury/src/vault.js
@@ -100,7 +100,10 @@ export function makeVaultKit(
     );
 
     // floorDivide because we want the debt ceiling lower
-    return floorDivideBy(getAmountOut(quoteAmount), manager.getInitialMargin());
+    return floorDivideBy(
+      getAmountOut(quoteAmount),
+      manager.getLiquidationMargin(),
+    );
   }
 
   async function assertSufficientCollateral(collateralAmount, wantedRun) {