The Solend main pool will be updated today, and the USDC and USDT LTV will be changed to 70%
Solana lending protocol Solend announced on X platform that some updates to the main pool will take effect today: - The LTV of USDC and USDT will be updated from 65% to 70%; - The effective LTV of LST will be updated to 55%; - The borrowing initiation fee for SOL will be temporarily reduced to 1 basis point for 24 hours (with a cap of 200,000).
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
HeLa Space Revolutionizes On-Chain Asset Management in Partnership with Aspis Protocol
Analyst Predicts Major Altcoin Surge After Bitcoin’s Post-Halving Cycle
Oklahoma proposes legislation to allow state workers and vendors to be paid in Bitcoin
Share link:In this post: Oklahoma Senator Dusty Deever has proposed the Bitcoin Freedom Act bill. The bill seeks to shield Oklahomans’ wages from inflation. Other states, such as Louisiana and Detroit, use cryptocurrency for government services.
FTX bankruptcy managers accused of spending funds on luxury hotels, travel as creditors file legal action
FTX creditor calls for tighter review of extravagant $2,600 taxi spending by bankruptcy managers.
Trending news
MoreCrypto prices
More
