Announcement on the Adjustment of LP Tokens and DFS Lending Parameters

Dear users,

Greetings! According to “Adjustment of certain token parameters”, Defibox has lowered LP Tokens、DFS Max LTV and Liquidation ratio, the adjustment is:

• EOS+USDT LP Max LTV adjusted to 60%; Liquidation ratio adjusted to 75%;
• EOS+USN LP Max LTV adjusted to 60%; Liquidation ratio adjusted to 75%;
• EOS+PBTC LP Max LTV adjusted to 60%; Liquidation ratio adjusted to 75%;
• EOS+BOX LP Max LTV adjusted to 45%; Liquidation ratio adjusted to 70%;
• USN+BOX LP Max LTV adjusted to 45%; Liquidation ratio adjusted to 70%;
• DFS Max LTV adjusted to 40%; Liquidation ratio adjusted to 65%;

Due to contract issue, Defibox will adjust EOS, USDT and NDX lending parameters on 15:00(HKT) 4 June, 2021. Please manage your debt before we further adjust parameters for other tokens to avoid possible loss due to the liquidation when the health factor < 1. Thank you for your understanding!

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:
Overseas: https://t.me/Defibox 
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Thank you for your support and attention to Defibox!
Defibox Foundation
May 28, 2021