in simple terms, explain to someone what these changes are

#Breaking_Crypto_News
Binance Will Update the Collateral Ratio of Multiple Assets Under Portfolio Margin (2025-05-23)

Binance has announced an upcoming update to the collateral ratios for multiple assets under its Portfolio Margin system, effective from May 23, 2025, at 06:00 UTC. This adjustment will impact the Unified Maintenance Margin Ratio (uniMMR), which is crucial for margin trading accounts.

🔄 Key Collateral Ratio Changes

The following assets will see a reduction in their collateral ratios:

Asset Current Ratio New Ratio

ETC 80% 75%
CRV 80% 75%
CAKE 75% 70%
LRC 65% 50%
MEME 50% 40%
AI 50% 40%
BAKE 50% 35%
TLM 50% 30%
GTC 40% 25%
PORTAL 35% 20%
ZEC 20% 10%

⚠️ Important Notes

Impact on uniMMR: The reduction in collateral ratios will affect your Unified Maintenance Margin Ratio. It's essential to monitor your uniMMR closely to avoid potential liquidations.

Action Required: If you hold positions in any of the affected assets, consider adjusting your portfolio or adding collateral to maintain your margin requirements.

Completion Time: The update is expected to be completed within approximately one hour from the start time.

For more detailed information, you can refer to the official Binance announcement:

If you need assistance in assessing how these changes might affect your positions or require guidance on managing your margin account, feel free to ask!