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