Due to recent FTM price volatility we have decided to make some adjustments on our platform.
1. FTM required for taking out loans has been raised to 180%.
2. Recall Excess will only be available once collateral is equivalent to 200% of the loan value as opposed to 175%.
3. Auto top up will bring your loan value to 130% instead of 125%.
4. Liquidation will still only occur at 110%.
All changes are in effect for current loans.
We are sorry for any inconvenience this has caused. Loan security is a top priority for us on our platform.