🦄Official Links and Others

Official Links

Twitter: https://twitter.com/ApeXpalGame​

Website: https://www.apexpal.io/​

Telegram: https://t.me/ApeXpal​

Telegram CN: https://t.me/ApeXpalCN​

Discord: https://discord.gg/6QmMxsNNHr

Legal stuff related laws

Borrowing Policy

Eligible users must meet the following criteria to qualify for borrowing ApxG tokens by collateralizing ETH tokens: A. Have a verified account on our platform. B. Possess a sufficient amount of ETH tokens as collateral. C. Comply with all relevant regulatory requirements and platform-specific terms of use.

Collateral Requirements A. ETH tokens are the only acceptable collateral for borrowing ApxG tokens. B. The collateral ratio is set at 111%, meaning users must provide collateral worth at least 111% of the borrowed ApxG token amount. C. The platform reserves the right to adjust the collateral ratio based on market conditions.

Borrowing Limits A. The maximum borrowing limit is determined by the value of the provided ETH collateral and the current collateral ratio. B. The amount borrowed by users must not exceed the specified limit.

Interest Rate A. The interest rate for borrowing ApxG tokens with ETH collateral is set at 0%. B. This rate may be subject to change at the platform's discretion.

Repayment A. The borrowed amount must be repaid in ApxG tokens. B. Users can flexibly repay the borrowed amount at any time.

Liquidation A. The ratio between the collateral assets and the borrowed assets is referred to as the collateral ratio. B. If the collateral ratio changes due to market fluctuations, resulting in the value of the collateral assets being equal to or less than the value of the borrowed assets, the platform reserves the right to liquidate the collateral to cover the outstanding loan.

Risk Disclosure A. Borrowers are advised to carefully consider the risks associated with borrowing against their ETH collateral, as market volatility may affect the value of the borrowed ApxG tokens and the collateral.

Regulatory Compliance A. Users are responsible for ensuring compliance with all applicable laws and regulations for lending activities on the platform.

Platform Discretion A. The platform reserves the right to modify, update, or terminate the borrowing policy at any time, with or without prior notice.

By participating in the borrowing process, users acknowledge that they have read, understood, and agreed to comply with this borrowing policy. Non-compliance with this policy may result in the suspension or termination of borrowing privileges on the platform.