Binance will adjust the collateral rates for assets such as ATOM and ANKR
According to ChainCatcher news and the official announcement, Binance will update the collateral rates for assets such as ATOM, ANKR, COTI, EGLD, SUSHI, and OM under PortfolioMargin on February 28, 2025, at 06:00 (UTC). The update is expected to be completed within one hour.
The specific adjustments are as follows: ATOM from 85% to 75%, ANKR from 80% to 70%, COTI from 80% to 70%, EGLD from 80% to 70%, SUSHI from 75% to 60%, and OM from 20% to 10%. Users should closely monitor the Unified Maintenance Margin Ratio (uniMMR) to avoid potential liquidation or losses due to changes in collateral rates.
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