️Update PORT/FIDA Reserve Risk Parameters️. Attention to all Port Mates who used PORT/FIDA as collaterals.
12 Oct 2022, 06:46
❗️Update PORT/FIDA Reserve Risk Parameters❗️
Attention to all Port Mates who used PORT/FIDA as collaterals.
We have lowered PORT and FIDA LTV. This is due to PORT and FIDA having lesser liquidity and also in light of them being susceptible to price manipulation which happened in the Solana Ecosystem
Prevention is always better than a cure. We apologise if this has caused some inconvenience to Port Finance users.