We have shipped new Frontend (app) with the following:.
10 Apr 2023, 18:03
We have shipped new Frontend (app) with the following:
- New spend approval detection: We now check approved spending amount against the action amount and request another approval if the set spending amount is exceeded. The fix should resolve the issue we see have seen frequently with users not being able to repay.
- An education risk lending popup: We hate popups but we like you to understand risk better. Next time you start the app, please read the educational message carefully and let us know if you have questions.
- Minimum borrow set on $10 on Arbitrum: We have seen an influx of extremely small borrow positions, likely from airdrop hunters, that has put a tremendous pressure on our backends, increasing costs. Minuscule borrow positions also create liquidation issues because the liquidation bonus (fee) barely covers gas for such positions.
- Fix for Coinbase wallets: Coinbase RPC was blocked, it is now whitelisted.