Skip to content

Commit

Permalink
12.18 Leaf updates (#66)
Browse files Browse the repository at this point in the history
* update status of pando protocols

* fix

* update 12.18
  • Loading branch information
YaruiP authored Dec 18, 2023
1 parent 2901f22 commit 1553105
Show file tree
Hide file tree
Showing 2 changed files with 11 additions and 9 deletions.
9 changes: 5 additions & 4 deletions docs/recovery/README.md
Original file line number Diff line number Diff line change
Expand Up @@ -47,15 +47,16 @@ Here is the [Chinese version](https://mixin.network/zh/recovery/) of the article

- Functions in question: stablecoin minting, loan repayment, collateral redemption
- Current status:
- ✅ Loan repayment must be made in one installment; partial repayment is temperarily not supported.
- ✅ Collateral can be redeemed only when loans are **100% paid off**.
- ✅ Except for ETH, sETH-BTC, XIN and MOB vaults, all other vaults on Pando Leaf (legacy Mixin Network) have resumed interest accural and liquidation.
- ✅ Except for ETH、sETH-BTC、XIN 和 MOB vaults, all other vaults on Pando Leaf (legacy Mixin Network) have resumed partial loan repayment and partial asset redemption.
- ⏸️ For ETH、sETH-BTC、XIN 和 MOB vaults, debt interest accural and liquidation are both still suspended. For these four types of vault, repayment must be made in one installment - partial repayment is temperarily not supported.
- ✅ For ETH、sETH-BTC、XIN 和 MOB vaults, collateral can be redeemed only when loans are **100% paid off**.
- ✅ For users who need pUSD on the old Mixin Network to repay Leaf pUSD debts: you can exchange stablecoins on the new Mixin Network into pUSD on the old Mixin Network using the [pUSD bridge](https://app.pando.im/swap/pusd)
- ⏸️ Debt interest accural and liquidation are both suspended.
- Future plans:
- Pando Leaf will be operated **independently** on both the new and old Mixin Networks in the future.
- Leaf on the new Mixin Network will have the full set of functions while the Leaf on the old network will only allow for loan repayment and collateral redemption but discontinue the stablecoin minting function. The exact timetable is yet to be announced.
- The reversion derection of the pUSD bridge will also be supported so that users can transfer pUSD between the old Mixin Network and the new one.
- Notes: it's recommended that the collateral sETH-BTC be redeemed as it's the liquidity provider token of the liquidity pair ETH/BTC in Pando Swap and the reason for withdrawing its liquidity is mentioned in the above Pando Swap section. For all other types of collateral, no action is needed at the moment.
- Notes: it's recommended that if you worry about collateral liquidation of your vaults except for ETH、sETH-BTC、XIN 和 MOB types, full or partial repayment of debt be made to put collateral/debt ratio at a safer level.

**Pando Rings**

Expand Down
11 changes: 6 additions & 5 deletions docs/zh/recovery/README.md
Original file line number Diff line number Diff line change
Expand Up @@ -41,14 +41,15 @@ contributors: false

- 涉及功能:铸币、还款、提取质押物
- 当前状态:
- ✅ 只能**全额还款****无债务**的情况下可以提取质押物;
- ✅ 除 ETH、sETH-BTC、XIN 和 MOB 金库以外,旧主网 Leaf 上其他所有金库恢复部分还款和部分赎回功能
- ✅ 除 ETH、sETH-BTC、XIN 和 MOB 金库, 旧主网 Leaf 上其他所有金库恢复计息和清算
- ✅ 可以通过 [pUSD 桥](https://app.pando.im/swap/pusd)(Mixin新主网到旧主网方向)将新主网中的稳定币按 1:1 比例转化为旧主网上的 pUSD,用户偿还 Leaf 中的 pUSD 债务
- ⏸️ **暂停**计息和清算。
- ⏸️ 对于 ETH、sETH-BTC、XIN 和 MOB 金库,**依然暂停计息和清算,只能全额还款**,且仅支持**无债务**的情况下提取质押物
- 计划:
- 未来在新、旧主网分别重启
- 其中新主网提供完整 Leaf 功能,旧主网 Leaf 会关闭铸币,但是允许部分还款和提现,暂无确切的重启时间。
- 未来在新主网单独重启
- 新主网上提供完整 Leaf 功能,旧主网 Leaf 会关闭铸币,但是允许部分还款和提现,暂无确切的重启时间。
- 提供 pUSD 双向桥,用户也可以将旧主网的 pUSD 兑换为新主网上的稳定币。
- 备注:建议提取 sETH-BTC 质押物,其他金库可以不操作
- 备注:建议担心除 ETH、sETH-BTC、XIN 和 MOB 抵押物清算风险的用户尽快还款

**Pando Rings**

Expand Down

0 comments on commit 1553105

Please sign in to comment.