GitBook: [#403] No subject

BendDAO · May 24, 2022 · 4faa85e · 4faa85e
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diff --git a/faq/liquidation.md b/faq/liquidation.md
@@ -54,7 +54,7 @@ All NFTs are denominated in Ether instead of USDT on Bend. The price of Ether an
 
 ## **Does the borrower need to keep paying interest while the 48-hour liquidation protection mechanism is active?**
 
-Yes. Because the NFT-backed loan is still active during the 48-hour liquidation protection. For safety and fairness, borrowers need to pay a penalty (5% of the debt in default) to the first bidder, even after NFT floor prices recover to the normal price.
+Yes. Because the NFT-backed loan is still active during the 48-hour liquidation protection. For safety and fairness, borrowers need to pay a penalty (5% of the debt or 0.2 ETH) to the first bidder, even after NFT floor prices recover to the normal price.
 
 We believe that this will not happen. The liquidation mechanism is designed with a comprehensive incentive mechanism, such as discount purchase of NFT, redeeming fines, etc., and the liquidator participating in the auction can get a generous arbitrage.
 

diff --git a/highlights/48h-liquidation-protection.md b/highlights/48h-liquidation-protection.md
@@ -17,7 +17,7 @@ NFT holders don’t want to hand over the ownership of their NFTs. That's why th
 During the auction (48h liquidation protection period), for the NFT holder's safety, the borrower (user with the collateralized NFT) will still be able to repay the loan within the 48-hour window starting from the beginning of the auction.
 
 {% hint style="warning" %}
-For safety and fairness, borrowers must repay some loan debts as well as pay a penalty (5% of the debt or 0.2 ETH in default) to the liquidator, even after NFT floor prices recover to the normal price.
+For safety and fairness, borrowers must repay some loan debts as well as pay a penalty (5% of the debt in default) to the liquidator, even after NFT floor prices recover to the normal price.
 {% endhint %}
 
 **Bidder**