Important Update: Changes to Collateral Calculation and Token List

Hello Valued LMEX Users,

We've got some news about changes coming to LMEX's futures trading, starting January 24, 2024. We're tweaking how we calculate collateral ratios, the tool that helps manage the risk of your assets when determining borrowing value. Now, it'll be based on the USDT value of your collateral, not the token amount.

We've also freshened up the list of tokens you can use as collateral. Check out the additions:

• Aptos (APT)
• Arbitrum (ARB)
• BNB (BNB)
• Chiliz (CHZ)
• DYDX (dYdX)
• Enjin Coin (ENJ)
• First Digital USD (FDUSD)
• The Graph (GRT)
• Lido DAO (LDO)
• Maker (MKR)
• NEAR Protocol (NEAR)
• Optimism (OP)
• The Sandbox (SAND)
• Shiba Inu (SHIB)
• Synthetix (SNX)
• Sui (SUI)
  
  

And the one we've bid farewell to:

• TrueUSD (TUSD) (Note: Any leftover TUSD in your futures wallet will automatically shift to your spot wallet during this update.)
  
  

The aim of these updates is to fine-tune risk control, especially when you're using a bunch of altcoins as collateral.

The goal? To make your trading experience even smoother and more efficient.

For the nitty-gritty details and how it might impact your trading decisions, check out the table below:

Thanks for being a crucial part of the LMEX community. We're excited to keep serving you and meeting your trading needs.

Warm regards,

The LMEX Team