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The Solend main pool will be updated today, and the USDC and USDT LTV will be changed to 70%

The Solend main pool will be updated today, and the USDC and USDT LTV will be changed to 70%

CointimeCointime2023/11/13 03:03
By:Cointime

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).

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