Hello! After Defibox has conducted a comprehensive security assessment and integrated the current market situation, Defibox will complete the adjustment of the maximum LTV and liquidation ratio of the following tokens in the near future. This adjustment will affect the health factors of some debt positions. Please adjust the debt positions in time , to avoid losses caused by the liquidation. The adjusted parameters are as follows:
Lending system: The maximum LTV of BOX token is 20%, the liquidation ratio is 50%, and the penalty is 10%
USN system: The minimum staking ratio of BOX token is 300%, the liquidation ratio is 150%, and the penalty is 10%
Friendly reminder: Please pay attention to the risk of debt positions caused by market fluctuations, please adjust the debt positions in time to avoid liquidation of the debt positions, and use leverage tools cautiously on the premise of taking your own risks.
International community: https://t.me/Defibox_official
Chinese community: https://t.me/DefiboxCN
Thank you for your support to Defibox!
Defibox project executive team
March 30, 2023