New collateral ratio 📈
November 3, 2021
We decided to change the health factor and collateral ratio values for most of the tokens.
Now, these values are as follows:
What will change? 🤔
In short, you'll be able to mint more synthetic assets having the same amount of collateral. 🤑
How much exactly?
For example, consider you deposited 100$ in $USDC 💲
Why we did that?
Three issues motivated us to make these changes:
We believe that the introduced changes will allow us to achieve the goals mentioned above and, first of all, will be well-received by you - our users.
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xDOT is our new synthetic token
Synthetic Polkadot is now available
Adjusted main parameters
We changed the values of collateral ratios, health factor and liquidation penalty.
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Synthetic LUNA is now available
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