According to Binance's official announcement, the cryptocurrency exchange will implement changes to the collateral ratios for several assets under its Portfolio Margin system starting from 2025-05-16 at 06:00 (UTC). The update is expected to be completed within approximately one hour.
**Collateral Ratio Adjustments**
- **CAKE**: Reduced from 80% to 75%
- **IOTA**: Reduced from 70% to 60%
- **AXS**: Reduced from 70% to 60%
- **MASK**: Reduced from 60% to 50%
- **CHZ**: Reduced from 65% to 50%
- **BAT**: Reduced from 65% to 50%
- **GTC**: Reduced from 50% to 40%
- **PORTAL**: Reduced from 50% to 35%
- **ZEC**: Reduced from 30% to 20%
- **MOVE**: Reduced from 20% to 10%
- **BSW**: Reduced from 20% to 10%