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!