This is a kind reminder - We are informing everyone that we | Kava News (Official)

This is a kind reminder -

We are informing everyone that we have identified a fix for a bug that allowed CDPs created at the limit to be liquidated by a keeper. Note that this fix will go into effect in the following network upgrade, so users must ensure their collateralization ratio is OVER by 1 unit to be safe.

To double-check your collateralization ratio:

If you want to look up your collateralization ratio here:

https://api.kava.io/kava/cdp/v1beta1/cdps//busd-a

And if your collateralization ratio is above 1.01000000000, then you are good. You can always make a small repayment of USDX to be safe if preferred.

In addition, we updated the CDP specifications, noting that CDPs with a collateral ratio precisely equal to the liquidation ratio can be liquidated. Here are v0.21 and below of the Kava software. Please note that it is for CDPs created on the Mint protocol.

Here are the CDP specifications on Liquidate - https://github.com/Kava-Labs/kava/blob/master/x/cdp/spec/03_messages.md#liquidate