Deprecation of OPUL Pool
As Opulous transitions to becoming a multichain asset and will no longer be supported on the Algorand network, we are taking steps to deprecate the OPUL pool on our platform to align with these developments. Below are the main updates:
Changes to OPUL Pools
- The OPUL Borrow Cap will be decreased to 0, effectively disabling the ability of new users to borrow OPUL.
- The Borrow Factor will be increased from 100%, leading to a higher effective debt position.
For details, refer to our Loan Borrow documentation .
Given these changes, we strongly advise to prioritize repayment of OPUL-based loans
Implementation Schedule
These updates will be phased gradually, according to the schedule below, to allow users to adapt.
