Loan to Value Ratio revised to 50% effective 09:50 UTC 25 Oct 2019
Crypto.com announces the adjustment of LTV (loan-to-value) ratio of MCO to 50% effective 25 October, 2019. For example, If a user deposits 5000 MCO as collateral and the market price of MCO is at $4 USD, then a user will get a loan amount of $10,000 USD worth of TUSD/PAX.
MCO Token Utility: Users with MCO Tokens staked enjoy a lower interest rate.
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