Rings & Leaf Services Recovery

Pando Rings

Pando Rings've recovered and we have made the following changes.

  • Temporarily disable "pledge" feature for all pools except BTC, ETH, EOS.
  • Temporarily disable "supply" feature for all pools except BTC, ETH, EOS, USDT, USDC, PUSD.
  • Temporarily disable "borrow" feature for all pools.

In addition, to secure the pools of Rings, we will make the following changes five days later (2022-11-23 12:20 UTC-0):

We will reduce the collateral rate for all pools except BTC, ETH, and EOS to zero.

Please pay attention on:

If you have collateral in pools other than BTC, ETH, EOS and loans were made, please pay back/add pledges ASAP otherwise they are likely to be liquidated after five days.

Pando Leaf

The liquidation of Leaf's vaults will be processed on 2022-11-23 12:20 UTC-0. Users at risk of liquidation are requested to make repayments or add collateral as soon as possible.

DISCLAIMER
The information contained in this article is for informational purposes only and does not constitute financial, investment, or other professional advice. The views expressed in this article are those of the author and do not necessarily represent the views of the company or organization they work for or Pando. Any investment decisions made by the reader should be made after consulting with their own financial advisor and conducting their own research. The author and the company or organization they work for and Pando will not be liable for any financial losses incurred as a result of reliance on the information contained in this article.