#Binance suspends lending for some assets.#
Hot Topic Overview
Overview
Binance has announced that, starting January 15, 2025, 11:00 AM (Beijing Time), it will no longer offer 10 assets as collateral for borrowing: BANANA, GNS, ONE, KDA, LQTY, LPT, PORTAL, TRB, VIB, and PYR. This adjustment affects multiple projects, including Banana Gun, Gains Network, Harmony, Kadena, Liquity, Livepeer, Portal, Tellor Tributes, Viberate, and Vulcan Forged PYR.
Ace Hot Topic Analysis
Analysis
Binance has announced that it will stop offering ten assets as eligible assets for its Binance Loan service, effective January 15, 2025, 11:00 AM UTC. These assets include Banana Gun (BANANA), Gains Network (GNS), Harmony (ONE), Kadena (KDA), Liquity (LQTY), Livepeer (LPT), Portal (PORTAL), Tellor Tributes (TRB), Viberate (VIB), and Vulcan Forged PYR (PYR). This move signifies that users will no longer be able to utilize these assets for collateralized loan operations.Binance has not yet revealed the specific reason behind discontinuing these assets as eligible collateral. However, industry experts speculate that the decision could be attributed to insufficient liquidity or elevated risk associated with these assets.
Public Sentiment · Discussion Word Cloud
Public Sentiment
Discussion Word Cloud
Classic Views
BANANA
GNS
ONE
KDA
LQTY
LPT
PORTAL
TRB
VIB
PYR