Announcement on Adding ROO and Adjusting Lending Rate of PUD

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