Annex Finance Announcement
Annexians, AIP-68 is up for voting to withdraw the BNB reverses from lending to create ANN/BNB liquidity pool.
Kindly note this will be replaced with ANN/BUSD Pool.
#CronosChain
Annexians, We will adjust the risk parameters for below assets on 26th Dec.
We are continuing to bring down the CF for the below assets to keep the risk under control.
ANN LP - 10%
TUSD - 40%
StableSwap - 30%
MMF - 0%
MUSD - 0%
Annexians, AIP-65 is up to adjust the risk parameters.
We are continuing to bring down the CF for the below assets to keep the risk under control.
ANN LP - 5%
TRX - 0%
TUSD - 0%
StableSwap - 10%
BUSD - 15%
Annexians !!
Please do not connect your wallet to AnnexFinance dApp for now, Please disconnect or logout from the app.
For time being team will remove the ledger connect from the available list of "Connect Wallet"
AIP - 64 is executed.
Holding reward on both BNbChain and CronosChain is now live.
User can now claim them via Annex Dashboard.
Annexians, AIP-63 is up to adjust the risk parameters.
We are continuing to bring down the CF for below assets to keep the risk under controls.
ANN LP - 5%
TRX - 20%
TUSD - 20%
StableSwap - 30%
BUSD - 40%
Please cast your vote here ~
https://app.annex.finance/vote
Annexians, Kindly note on 28th Sept we will be bringing down the CF of below tokens in #CronosChain.
#TUSD from 70% to 50%
ANN LP from 30% to 20%
ANN5 (StableCoin LP) from 60% to 40%
Please adjust your collateral accordingly or payoff you existing loan. if you have any concern then please reach out to us on TG.
Annexians we are doing the below adjustments on BNBChain to adjust our Risk Parameters. Binance recently announced they are halting the withdrawal of BUSD on BNBchain and we are taking the below steps to adjust our Risk Parameters.
AnnexFinance will be delisting the BUSD market from lending and also adjusting the paraments to expedite the delisting process.
We are bringing down the CF of ANN LP to 20%. #TRX to 40%, #TUSD to 50%. #ANN5 to 50% & BUSD to 70% and setting the Reserve Factor of #TRX, #TUSD & #BUSD to 100%
We believe these adjustment will encourage the borrower to pay off the debt and suppliers to withdraw their assets from the Protocol.
https://app.annex.finance/vote
AIP-60
AIP - 58 is up to bring down the CF of BETH to "0", TRXOLD to 50%, & TUSD to 60%.
https://app.annex.finance/vote
We will do subsequent AIPs to bring down the CF of TRXOLD & TUSD to "0", Please pay off your outstanding debt and withdraw your assets ASAP 🙏
Dear Annexians, As announced last week, kindly note the CF for both #MUSD and #MMF is now set at 5% and #TUSD is set at 70%.
Next update on CF will be on 14th Aug, We will bring down the CF of #MMF & #MUSD to 0% and #TUSD to 60%.
Kindly take note and manage your collateral accordingly to avoid any Liquidation.
Dear Annexians, Kindly note we will be bringing down the CF of #MMF & #MUSD from 10% to 5% and the CF of TUSD from 80% to 70% on #CronosChain.
Please adjust your collateral accordingly to avoid any liquidation.
Annexian's we are delisting #BUSD from the Annex #CronosChain due to the closure of #MultiChain Bridge.
Kindly note the withdrawals and the repayment of loans will be kept open for users to interact with #BUSD market.
Please feel free to ask us if have any concerns.
Team Annex
Annexian's we are delisting #TUSD from the Annex #CronosChain due to low liquidity.
Kindly note the withdrawals and repayment of loans will be kept open for users to interact with #TUSD market.
if you have any question then please feel free to ask us in group chat.
Annexian's due to the recent announcement from Binance to pause the withdrawal of #BETH tokens, We have taken a proactive step to pause the supply and borrow of #BETH on #AnnexFinance.
We request the users to withdraw & pay back their #BETH debts.
Binance Announcement Link
Snapshot of all the coins & tokens listed on #BNBChain by #AnnexFinance
Tweet Link
Annexian's we are delisting #TRON from the Annex #BNBChain because of the contract swap, you can refer to the below announcement from #Binance
Please proceed to pay off your debt and withdraw your #TRX (TRXOLD) from #AnnexFinance asap.
Binance Contract Swap Announcement - Link
Tweet Link
Our heartfelt condolences to the people of Türkiye 🇹🇷 for the tragic loss of life and damage because of the earthquake.
May God Bless them all & give them the strength to rise back up 🙏
CAKE Hodlers !!
Supply your #CAKE in #AnnexFinance and get 15% APY in native #CAKE token.
Tweet Link - Please help us with likes and retweet to spread the word.
Please help us with a retweet, it would be much helpful for our growth
https://twitter.com/KAVA_CHAIN/status/1620120948912586752
Annex have 5 assets listed on #KavaChain so far, as we move on we are exploring more liquid assets to list.
Tweet Link - Please help us with likes and retweet.
