LSD stablecoin protocol Lybra Finance launches collateral rate monitoring feature

ChainCatcher news, the LSD stablecoin protocol Lybra Finance has launched a collateral ratio (CR) monitoring feature.

It is reported that when a user's collateral ratio falls below a specific threshold, it will automatically repay part of the user's debt. Once the collateral ratio returns to the predetermined level, this automatic repayment feature will stop. This feature is designed to provide users with an additional protection mechanism against liquidation risks in volatile markets. (Source link)