#Binance Suspends Lending for Some Assets#
Hot Topic Overview
Overview
Binance announced that it will stop offering ten assets, including 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), as collateral for borrowing starting from 11:00 AM UTC on January 15, 2025. This move means users will no longer be able to use these assets for collateralized borrowing, and Binance will no longer support lending services for these assets.
Ace Hot Topic Analysis
Analysis
Binance has announced that, starting from 11:00 AM (UTC) on January 15, 2025, Binance Earn will no longer offer ten assets, including 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), as eligible assets for borrow.This move means users will no longer be able to use these assets for Binance Earn's borrowing feature, and Binance will discontinue lending support for these assets.The reason behind this decision remains unclear, but it could be attributed to insufficient liquidity or higher risk associated with these assets. This move may have an impact on the prices of these assets, but it could also reflect Binance's commitment to risk management.
Public Sentiment · Discussion Word Cloud
Public Sentiment
Discussion Word Cloud
Classic Views
BANANA
GNS
ONE
KDA
LQTY
LPT
PORTAL
TRB
VIB
PYR