Important Announcement: In Response to Unusual CHE Market Conditions

WePiggy community users:

To safeguard assets and prevent the risk from happening again, the WePiggy core development team is calling on CHE deposit and borrowing users to take the following actions as soon as possible.

1) All users who have used any assets as collateral and borrowed CHE tokens, please repay CHE to the market immediately to avoid unexpected liquidation due to CHE price abnormal fluctuations.

2) All users who have used CHE tokens as collateral and borrowed any assets, please repay your borrowings to the market immediately to avoid unexpected liquidation due to CHE price abnormal fluctuations.

The core development team will implement WIP31 to limit CHE borrowing capacity and reduce the deposit limit for CHE, as soon as the majority of users have completed the above.

Involving asset security, it is of great importance to everyone, so please act right now!

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A Crypto Money Market Protocol | Focus on building decentralized financial infrastructures | DeFi users’ good friend | In piggy, we get rich!

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WePiggy.com

WePiggy.com

A Crypto Money Market Protocol | Focus on building decentralized financial infrastructures | DeFi users’ good friend | In piggy, we get rich!

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