BTC lending platform Strike has updated its bitcoin-backed loan policies amid heightened crypto market volatility, extending the margin call recovery window and adjusting loan-to-value thresholds to give borrowers more flexibility.
Bitcoin Lending Platform Strike Expands Margin Call Recovery Time for Bitcoin-Backed Loans
The changes include expanding the margin call recovery period from 24 hours to 72 hours and raising the recovery threshold from 60% to 65%, according to statements from Strike. Margin calls will now trigger at a 70% loan-to-value (LTV) ratio, providing borrowers additional time to add collateral or adjust positions before any liquidation occurs.
The policy shift followed feedback from users, including concerns that the previous 24-hour recovery window was too restrictive for customers using multi-signature wallets. Strike said the updates were designed to provide greater flexibility, particularly during periods of elevated price swings across the crypto market.
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