📢 Update Notice - Nov 23 9 PM PST
Hey NAVI community,
Due to recent market volatility, our internal risk assessment indicates that several large LBTC and suiETH positions are currently carrying elevated leverage relative to the available on-chain liquidation capacity.
As a precautionary measure for user fund safety and overall protocol stability, we will be updating the
liquidation thresholds on Nov 23 at 9 PM PST:
🔹 suiETH: 80% → 75%
🔹 LBTC: 65% → 60%
If you are using LBTC or suiETH as collateral, please review your positions and, if necessary, proactively repay loans to keep your health factor in a safe range ahead of this change.
These adjustments are part of standard and proactive risk management practices. If you have any questions, feel free to reach out on Telegram.
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