Binance is adjusting collateral ratios for certain assets under its Portfolio Margin system, starting May 16th. These changes decrease the amount of borrowing power offered by these assets within margin accounts. Users on this platform are urged to closely monitor their Unified Maintenance Margin Ratio (uniMMR) to stay informed of potential liquidations due to this adjustment. The key changes in collateral ratios for selected assets include:
**Asset Old Ratio New Ratio**
CAKE 80% 75%
IOTA 70% 60%
AXS 70% 60%
MASK 60% 50%
CHZ 65% 50%
BAT 65% 50%
GTC 50% 40%
PORTAL 50% 35%
ZEC 30% 20%
MOVE 20% 10%
BSW 20% 10%
Binance emphasizes the importance of reviewing user positions and adjusting accordingly to avoid forced liquidations due to these changes. This update reflects Binance’s ongoing efforts to manage risks in a changing market environment.
Users are advised to refer to the official English announcement on Binance for further clarification.