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Flash Pool (OKC)

Changelog of Flash Pool (OKExChain)

Date

Updates

Before

After

Description

May 13, 2021

Launch Wing Flash Pool (OEC), Support WING, OKT, USDT , USDC, BTCK , ETHK

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Distribute WING incentives based on the 90th percentile of borrow amount from the previous day among pools

Collateral factor: WING 50%, OKT 65%, USDT 70%, USDC 70% , BTCK 65%, ETHK 65%

Liquidation Bonus:WING 8%, OKT 8%, USDT 5%, USDC 5%, BTCK 8%, ETHK 8%

Launched borrowing, lending and insuring features

May 31, 2021

Support DOTK, OKB, LINKK, SUSHIK, UNIK, DAIK. Increase the collateral factors of non-WING assets

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Collateral factor: DOTK 65%, OKB 70%, LINKK 65%, SUSHIK 50%, UNIK 60%, DAIK 75% Liquidation Bonus:DOTK 8%, OKB 8%, LINKK 8%, SUSHIK 8%, UNIK 8%, DAIK 5%

WIP-37 and WIP-38

July 19, 2021

Adjust Collateral Factors for LINKK, OKB, ETHK, BTCK, DOTK, and OKT

Collateral factor: LINKK 65%, OKB 70%, ETHK 70%, BTCK 70%, DOTK 65%, OKT 70%

Collateral factor: LINKK 60%, OKB 65%, ETHK 80%, BTCK 75%, DOTK 60%, OKT 65%

WIP-41

August 9, 2021

Adjust Reserve Factors for

Reserve Factor: All 15%

Reserve Factor: DOTK (20%), LINKK (20%), OKT (20%), UNIK (20%), OKB (25%), SUSHIK (25%), WING (30%), USDT(10%), USDC(10%)

WIP-42 & WIP-43

August 30, 2021

Adjust Collateral Factor for ETHK

Collateral factor: ETHK 80%

Collateral factor: ETHK 85%

WIP-45

September 15, 2021

Adjust Liquidation Bonuses for ETHK, WING

Liquidation Bonus: ETHK 8%, WING 8%

Liquidation Bonus: ETHK 5%, WING 10%

WIP-46

August 1, 2022

Optimize the Competitive Distribution Model

Adjustment Cycle: Real-time

Adjustment Cycle:

7 days

WIP-58

Last updated