Announcement on Adding ROO and Adjusting Lending Rate of PUD
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Dear Kangaroos,
In order to provide you with more options, RooLend will support ROO on 22 August, 2021 (SGT).
The mining weight of ROO pool is 1.5%. The mining output ratio of deposits and loans of the ROO pool is 60%: 40%, that is, borrowers can get more ROO mining rewards.
The mining weight of BCH pool will be adjusted to 1%.
At the same time, in order to ensure the liquidity and utilization of funds, the following adjustments will be made to the PUD pool:
1. Adjust the calculation method of fund utilization rate and borrowing interest rate, and decrease the upper limit of borrowing interest rate from 200% to 120%.
2. The mining output ratio of deposits and loans in the PUD pool is adjusted to 45%: 55%, that is, borrowers can get more ROO mining rewards.
The above adjustments will take effect on 22 August, 2021 (SGT). .
Thank you for your support!
RooLend.Finance Team