Announcement on the adjustment of parameters of some tokens in lending

Dear user:

Hello! Considering the utilization rate and risk control, Defibox will adjust the maximum lending rate LTV and liquidation ratio of some tokens at 15:00 (SGT) on March 24, 2022, which will affect the health factor of some debt positions. Please adjust your debt position in time to avoid losses caused by the liquidation change where health factor < 1. The tokens related are as follows:

Friendly reminder: Due to rapid market change, please be cautious about your debt risk and adjust your debt in time to avoid liquidation. Please take your own risk to use leverage.

Defibox community:
International Community：https://t.me/Defibox_official
Chinese Community：https://t.me/DefiboxCN

Thank you for your support and attention to Defibox!
Defibox Project Executive Team
March 23, 2022