On August 30, OKX Xu Xingxing replied to the issue of "users questioning the OKX lending mechanism": 1. OKX current mortgage loan is a C2C market between users. OKX only provides a platform to help users with borrowing needs and earning needs match; 2. 100% reserve is a basic original responsibility of OKX. When the borrowing amount exceeds the deposit amount, the automatic currency exchange mechanism of the platform will be triggered due to the requirement of 100% reserve; 3. OKX of course places a limit on the maximum amount of currency borrowed, and it is not allowed to exceed 100%; 4. Due to the market activity of this currency, there was a large number of redemptions by depositors at that time, resulting in the borrowing amount exceeding 100%, which in turn triggered the automatic exchange of coins; 5. The OKX team will review the underlying design mechanism of the mortgage lending platform to see if there is an optimization plan. We also welcome your comments.