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09:00
USDD Lowered Redemption Rate and Increased Debt Ceiling Parameter to Boost DeFi User Participation Efficiency
BlockBeats News, March 3rd, Decentralized stablecoin USDD announced that it has officially lowered the liquidation ratio of USDD Vaults and increased the debt ceiling, with the specific adjustments as follows: Liquidation ratio adjustment Trx-A: lowered from 135% to 120%; Trx-B: lowered from 120% to 117%; Trx-C: lowered from 150% to 130%; sTRX: lowered from 150% to 130%; Debt ceiling adjustment Trx-A: increased from $100,000.00 to $200,000.00; Trx-B: increased from $50,000.00 to $100,000.00; Trx-C: increased from $50,000.00 to $200,000.00; sTRX: increased from $10,000.00 to $50,000.00; The official stated that the adjustment aims to lower the participation threshold, improve capital efficiency, and meet the growing market demand for USDD. At the same time, USDD has launched a 5000 USDD Vault minting reward pool, where participants can receive up to 50 USDD in rebates. As the "interest-bearing version of USDT," USDD is rapidly expanding its supply in the DeFi ecosystem.
08:58
The probability of a ceasefire between the United States and Iran before March 31 is 46% on Polymarket.
Foresight News reports that according to the latest data from Polymarket, the market estimates a 46% probability that the United States and Iran will reach a ceasefire before March 31, a 66% probability before April 30, a 79% probability before June 30, and a 21% probability before March 15. Currently, the total trading volume in this prediction market exceeds $7.79 million.
08:57
GE Vernova Inc. recently announced an investment of approximately $30 million to expand its electrification manufacturing plant in Sesto San Giovanni, Italy.
This investment aims to enhance the production capacity of the base, further consolidating the company's market position in the electrification sector. Through this expansion, GE Vernova Inc. expects to optimize its manufacturing processes and better meet the growing demand for electrification solutions in Europe and global markets. The newly allocated funds will mainly be used to introduce advanced equipment, upgrade production lines, and expand the plant area, thereby improving overall operational efficiency. This initiative not only demonstrates the company's long-term commitment to the Italian market, but also showcases its strategic layout in the fields of clean energy and electrification technology. The expansion project is expected to create more local jobs and promote the development of related industrial chains.
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