Hello! In order to reduce the liquidation risk of the majority of users and provide more friendly experience, Danchor has made the following adjustments at 03:00 (UTC) on April 20, 2020:
1. The liquidation ratio is adjusted from 135% to 125%;
2. The liquidation penalty is adjusted from 12% to 5%;
3. The discount interval time for the bid is adjusted from 180 seconds to 60 seconds, that is, from 0.2% off, reduced 0.2% every 60 seconds, and the minimum discount is reduced to 10% off.
Thank you for your support and attention to Dancor!
April 20, 2020