Announcement on the Adjustment of Max LTV for Tokens

Dear users,

Greetings! Due to the rapid market change and risk control, Defibox will lower Max LTV for the following tokens in lending, this adjustment will not have impact on the current debt. Details are the following:

• Max LTV of BOX: from 50% to 45%;
• Max LTV of DFS: from 50% to 40%;

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 
Chinese:

Thank you for your support and attention to Defibox!
Defibox Foundation
May 19, 2021