Asset parameters and liquidity mining program update

Rooter
Solend
Published in
Feb 10, 2022

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Asset parameters and liquidity mining weights will be updated in 2 weeks on Feb 24 3:00 UTC.

To summarize the updates:

  • Liquidation close factor (maximum amount of a position that can be liquidated at once) is being reduced to be more forgiving
  • Liquidation thresholds are being increased which will increases safety from liquidation
  • SLND borrow parameters are being updated
  • SBR and MER are beginning the first phase of migration to isolated pools to make the main pool safer, and so main pool parameters can be increased
  • Liquidity mining weights are shifting to favor USDC borrowing, which is Solend’s most popular use

Global

SOL

USDC

USDT

UST (Wormhole)

ETH (Wormhole)

soETH (Sollet)

BTC (Sollet)

FTT (Wormhole)

SRM

stSOL

scnSOL

mSOL

RAY

SLND

SBR

MER

USDC (TURBO SOL pool)

Liquidity mining

Updated liquidity mining weights. Total weight is being reduced from 29 to 28.

Yours truly,
Solend team

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