Venus Protocol has reduced the Collateral Factor (CF) to zero for six markets—BCH, LTC, UNI, AAVE, FIL, and TWT—effective immediately, as part of its response to the ongoing investigation into the THE pool incident. This measure targets markets where a single user holds a high collateral proportion, specifically those with a market cap below $2 billion, 24-hour trading volume under $100 million, DEX TVL below $40 million, and single-user collateral concentration exceeding 60%. Other markets remain unaffected and continue to operate normally. A full report will be released upon the conclusion of the investigation.
Venus Protocol Lowers Collateral Factor to Zero for Six Markets Amid Investigation
Disclaimer: The content provided on Phemex News is for informational purposes only. We do not guarantee the quality, accuracy, or completeness of the information sourced from third-party articles. The content on this page does not constitute financial or investment advice. We strongly encourage you to conduct you own research and consult with a qualified financial advisor before making any investment decisions.
