diff --git a/publish/deployed/kovan-ovm/params.json b/publish/deployed/kovan-ovm/params.json
index 140bbd85c8..f6b7f5807e 100644
--- a/publish/deployed/kovan-ovm/params.json
+++ b/publish/deployed/kovan-ovm/params.json
@@ -18,7 +18,7 @@
 			"SHORTS": ["sBTC", "sETH", "sLINK", "sUNI", "sAAVE"],
 			"MAX_DEBT": "75000000000000000000000000",
 			"MAX_SKEW_RATE": "200000000000000000",
-			"BASE_BORROW_RATE": "158443823",
+			"BASE_BORROW_RATE": "950662938",
 			"BASE_SHORT_RATE": "158443823"
 		}
 	},
@@ -32,5 +32,14 @@
 			"INTERACTION_DELAY": "0",
 			"COLLAPSE_FEE_RATE": "0"
 		}
+	},
+	{
+		"name": "COLLATERAL_ETH",
+		"value": {
+			"SYNTHS": ["sUSD"],
+			"MIN_CRATIO": "1200000000000000000",
+			"MIN_COLLATERAL": "100000000000000000",
+			"ISSUE_FEE_RATE": "0"
+		}
 	}
 ]
diff --git a/publish/deployed/local-ovm/params.json b/publish/deployed/local-ovm/params.json
index d670223afe..d0978a2684 100644
--- a/publish/deployed/local-ovm/params.json
+++ b/publish/deployed/local-ovm/params.json
@@ -18,7 +18,7 @@
 			"SHORTS": ["sBTC", "sETH"],
 			"MAX_DEBT": "75000000000000000000000000",
 			"MAX_SKEW_RATE": "200000000000000000",
-			"BASE_BORROW_RATE": "158443823",
+			"BASE_BORROW_RATE": "950662938",
 			"BASE_SHORT_RATE": "158443823"
 		}
 	},
@@ -32,5 +32,14 @@
 			"INTERACTION_DELAY": "0",
 			"COLLAPSE_FEE_RATE": "0"
 		}
+	},
+	{
+		"name": "COLLATERAL_ETH",
+		"value": {
+			"SYNTHS": ["sUSD"],
+			"MIN_CRATIO": "1200000000000000000",
+			"MIN_COLLATERAL": "100000000000000000",
+			"ISSUE_FEE_RATE": "0"
+		}
 	}
 ]
diff --git a/publish/deployed/mainnet-ovm/params.json b/publish/deployed/mainnet-ovm/params.json
index a7bb2d1ae4..ee856ec252 100644
--- a/publish/deployed/mainnet-ovm/params.json
+++ b/publish/deployed/mainnet-ovm/params.json
@@ -18,7 +18,7 @@
 			"SHORTS": ["sBTC", "sETH", "sLINK"],
 			"MAX_DEBT": "75000000000000000000000000",
 			"MAX_SKEW_RATE": "200000000000000000",
-			"BASE_BORROW_RATE": "158443823",
+			"BASE_BORROW_RATE": "950662938",
 			"BASE_SHORT_RATE": "158443823"
 		}
 	},
@@ -32,5 +32,14 @@
 			"INTERACTION_DELAY": "0",
 			"COLLAPSE_FEE_RATE": "0"
 		}
+	},
+	{
+		"name": "COLLATERAL_ETH",
+		"value": {
+			"SYNTHS": ["sUSD"],
+			"MIN_CRATIO": "1200000000000000000",
+			"MIN_COLLATERAL": "100000000000000000",
+			"ISSUE_FEE_RATE": "0"
+		}
 	}
 ]
diff --git a/publish/releases.json b/publish/releases.json
index 8e1daf2ce6..0f9e24c860 100644
--- a/publish/releases.json
+++ b/publish/releases.json
@@ -423,6 +423,11 @@
 			"sip": 194,
 			"layer": "ovm",
 			"sources": ["Synthetix"]
+		},
+		{
+			"sip": 195,
+			"layer": "ovm",
+			"sources": ["CollateralEth"]
 		}
 	],
 	"releases": [