Update on WEMIX. Fi DIOS. Official WEMIX site announcement:.

04 Dec 2023, 02:59

Update on WEMIX.Fi DIOS Official WEMIX site announcement: WEMIX$ is issued and burned through the DIOS protocol to maintain the pegging of WEMIX$ and the USDC reserve for price stability. The advent of Concentrated Range deposit service has lowered fees on the oUSDC-WEMIX$ pool, concentrating liquidity. Therefore, the DIOS stability range will be adjusted from the current 0.40% to 0.10% starting Dec. 4th. This enables the community to exchange mass volumes of WEMIX$ at a low slippage rate. However, we will maintain the existing Full Range setting of the mUSDC-WEMIX$ pool range. Thank you.

Same news in other sources

WEMIXWEMIX #125

04 Dec 2023, 03:00

#WEMIXFi DIOS range adjustment Starting Dec. 4, the stable range of #DIOS will be lowered from 0.40% to 0.10%. 🌐 Enhancing liquidity concentration for seamless WEMIX$ exchanges with minimal slippage. Stay informed and trade efficiently with #WEMIX! 🔎

#WEMIXFi DIOS range adjustment. Starting Dec. 4, the stable range of #DIOS will be lowered from 0. 40% to 0.