Parameter Adjustment

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To follow up on our previous update regarding scnSOL, we are making the following adjustments to our collateral LTVs:

  • scnSOL: 80% to 0%
  • ORCA: 80% to 50%
  • SRM: 80% to 50%
  • Sollet ETH: 80% to 60%

Above parameter changes take into consideration of the various assets’ data availability and market depth, and transition will take place over a period of 4 weeks, with the following schedule

Dear Apricots, please take note of the above and make adjustments to your deposits and loans accordingly!

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APRICOT FINANCE

A next-generation lending protocol that offers cross-margin leveraged yield farming with downside protection