We've submitted our LayerZero RFP for OpenLeverage!
Our proposal includes a distribution plan for 1835 users, including those who bridged OLEv2, hold xOLE, and OLEv2 holders as of May 1st.
It’s subject to approval by the LayerZero community.
RFP: commonwealth.im/layerzero/disc…
Borrow rates for all markets are now set to 2000% annualized. Please close your margin trade or borrow positions before the enforced liquidation.
Please withdraw funds from lending pools if you haven't.
We’ve enabled fund withdrawals for the lenders. All margin trades and borrow positions are required to close manually before the borrowing rate hike to 2000% annualized from Monday.
Trading and borrowing have been disabled.
