️️Target C-Ratio Change Implemented️️. Hey HZNation.
02 May 2023, 04:05
❗️❗️Target C-Ratio Change Implemented❗️❗️
👋Hey HZNation!
✨As shared with you in our previous announcement, we have decided to move forward with HIP-6 (Lower C-Ratio from 700% to 600%).
🛠We are currently finishing the integration process, meaning that starting on Tuesday, May 2nd at 01:00 UTC the Target C-Ratios will be changed to:
🔹Aggressive: 600% (from 700%).
🔹Neutral: 800% (from 900%).
🔹Conservative: 1000% (from 1100%).
👉Users will not have to do anything special for this change, the regular actions for stakers still apply:
🔹Keep your C-Ratio above 200% to not get flagged for liquidation.
🔹Get your C-Ratio above 600% to claim your weekly rewards.
🙌We want to thank you again for your precious feedback. Together we took another step towards the realization of a fully functional DAO. Would any Horizoneer feel the need to change the Target C-Ratio again, please discuss it with us and your fellow Horizoneers!