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Earn Token Delisting
Delist Standard
if a token meets ANY condition below in the past 30 days, it is considered to available to be delisted:
- Low supply: less than $50k USD value
- Low collateral value and borrowing: Less than $50k collateral and $50k borrowing in USD value
- Security issue
These standards are targeting tokens that are:
- 1.Low supply and low liquidity that users can hardly leverage
- 2.High liquidity but low usage that no one wants to leverage or borrow against
(Execution in the following order)
- Announcement of delisting
- Pause Supply & Pause Borrow
- Reserve Factor 100% & Change IRM to raise borrow rate
- Announcement of the collateral factor change
- Collateral Factor 0%
- Move to the deprecated category on the UI
Last modified 6mo ago