USDD Lowered Redemption Rate and Increased Debt Ceiling Parameter to Boost DeFi User Participation Efficiency
BlockBeats News, March 3rd, Decentralized stablecoin USDD announced that it has officially lowered the liquidation ratio of USDD Vaults and increased the debt ceiling, with the specific adjustments as follows:
Liquidation ratio adjustment Trx-A: lowered from 135% to 120%; Trx-B: lowered from 120% to 117%; Trx-C: lowered from 150% to 130%; sTRX: lowered from 150% to 130%;
Debt ceiling adjustment Trx-A: increased from $100,000.00 to $200,000.00; Trx-B: increased from $50,000.00 to $100,000.00; Trx-C: increased from $50,000.00 to $200,000.00; sTRX: increased from $10,000.00 to $50,000.00;
The official stated that the adjustment aims to lower the participation threshold, improve capital efficiency, and meet the growing market demand for USDD. At the same time, USDD has launched a 5000 USDD Vault minting reward pool, where participants can receive up to 50 USDD in rebates. As the "interest-bearing version of USDT," USDD is rapidly expanding its supply in the DeFi ecosystem.
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.
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