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Is it possible to review the collateral factor of xrp

? It is currently set to 60%. can it be set similar to that of BNB ( 75% ) ? xrp is a large cap coin next only to BNB. ( sometimes overtaking BNB)

#blockchain #cryptocurrency #english #venus
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NoOneVII | Serhan |-

Determination of Collateral Factor is done by looking at many data. +The amount of liquidity they have in BNBChain + Volatility in the market +User behavior +Risk of price change by non-market factors (court decisions, custody risks etc) Please remember recently BNB CF was reduced from 80% to 75% However, you can still create a request on community.venus.io for your proposal to be evaluated and the Risk Management team will evaluate it.

0
26.08.2023

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