Usual: All Morpho markets have been allocated appropriate upper limits, and users are advised to migrate their positions to new markets as soon as possible.

Odaily Planet Daily News RWA Stable Coin project Usual announced in a post on X that appropriate limits have been allocated to all Morpho markets, and all positions are eligible to migrate to the new market. It is strongly recommended that users migrate their positions as soon as possible. Rewards in the old market have been deprecated, and liquidation and bad debt commitments have been restricted to the capped vault, as described in the previous update. Usual has successfully protected the loan side in the treasury from the impact of bad debts. However, we do not recommend continuing to lend directly to the market.

Yesterday, Usual posted on the X platform, stating that they are actively ensuring that there are no bad debts in the current lending market, and all liquidation proceeds will flow directly into the DAO treasury, ultimately benefiting USUAL holders. A new Morpho market has been created, and all migrations can be completed in a few hours.