Deprecation of wMPL Pool
We would like to inform you of upcoming changes regarding the wMPL pool. As MPL token is being phased out and converted to SYRUP token (a process that will remain available until the 30th of April 2025), we are taking steps to deprecate the wMPL pool on our platform to align with these developments. Below are the main updates:
Changes to wMPL Pools
- The wMPL Borrow Cap will be decreased to 0, effectively disabling the ability of new users to borrow wMPL.
- 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 wMPL-based loans.
Implementation Schedule
These updates will be phased gradually, according to the schedule below, to allow users to adapt.
