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BendDAO · May 24, 2022 · 90f110d · 90f110d
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diff --git a/.gitbook/assets/image (3) (1).png b/.gitbook/assets/image (3) (1).png
diff --git a/.gitbook/assets/image (3).png b/.gitbook/assets/image (3).png
diff --git a/.gitbook/assets/image (4) (1).png b/.gitbook/assets/image (4) (1).png
diff --git a/.gitbook/assets/image (4).png b/.gitbook/assets/image (4).png
diff --git a/governance/fee-collection-and-distribution.md b/governance/fee-collection-and-distribution.md
@@ -12,7 +12,7 @@ The second column is the estimated protocol annual fee. It is assumed that 30% o
 
 The third column is the estimated APR in ETH for veBEND holders.
 
-![Estimated earnings for veBEND holders](<../.gitbook/assets/image (3).png>)
+![Estimated earnings for veBEND holders](<../.gitbook/assets/image (3) (1).png>)
 
 All fees are distributed to **veBEND holders** by week. The proportional amount of fees that each user is to receive is calculated based on their veBEND balance relative to the total veBEND supply.
 

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 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 or 0.2 ETH in default) to the liquidator, even after NFT floor prices recover to the normal price.
 {% endhint %}
 
 **Bidder**

diff --git a/protocol-overview/boundnft.md b/protocol-overview/boundnft.md
@@ -19,7 +19,7 @@ This feature lets boundNFT owers claim NFT rewards on other protocols while thei
 
 [boundNFT Github](https://github.com/BoundNFT/)
 
-![](<../.gitbook/assets/boundNFT poster 0401.png>)
+![](<../.gitbook/assets/image (7) (1).png>)
 
 For example:
 

diff --git a/protocol-overview/liquidation-and-redeem.md b/protocol-overview/liquidation-and-redeem.md
@@ -4,7 +4,7 @@ The Bend Protocol utilizes a scored 'health factor' for loans. The formula is ou
 
 When the 'health factor' of an NFT loan is below 1, anyone can trigger a liquidation in terms of an [**NFT Auction**](auction.md). The liquidator is called Bidder on Bend. The bidder will pay back all of the debt and receive the collateralized NFT in return.
 
-![](<../.gitbook/assets/image (2).png>)
+![](<../.gitbook/assets/image (3).png>)
 
 Please read the[ auction](auction.md) for liquidation details.