Announcement on the Adjustment of Balance "Magnification Factor"(January 28)

Dear users:

Hello! Due to the obvious imbalance in the bilateral quantity of the Balance USN-USDT market-making pool recently, for the sustainable development of Balance, at 17:00 on January 28, 2023 (SGT), the "magnification factor" will be adjusted from 125 to 100. The adjustment mechanism is: gradually adjust the "magnification factor" by second, and the effective time is 24H. Therefore, the adjustment of the "magnification factor" will be completed at 17:00 (SGT) on January 29, 2023.

In the future, according to the bilateral quantity of the Balance USN-USDT market-making pool, the "Magnification factor" will be adjusted appropriately and an announcement will be made. Please pay more attention to the official news. We are sorry for the inconvenience.

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
January 28, 2023