ChainCatcher news, OKX CEO Star responded to questions about the OKX lending mechanism on the X platform.He stated:OKX's spot collateral borrowing is a C2C market between users, where OKX only provides a platform to help users with borrowing and earning needs to match.A 100% reserve is a fundamental responsibility of OKX. When the borrowing amount exceeds the deposit amount, the requirement for a 100% reserve will trigger the platform's automatic currency exchange mechanism.OKX has imposed a limit on the maximum borrowing amount, which cannot exceed 100%.Due to market activities of the Floki token, there was a large number of redemptions by depositors at that time, resulting in the borrowing amount exceeding 100%, which in turn triggered the automatic currency exchange.The OKX team will review the underlying design mechanism of the collateral borrowing platform to see if there are optimization solutions, and everyone is welcome to provide feedback.