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