[Pac Finance suddenly changes parameters and causes $24 million to be liquidated] On April 12, users of Pac Finance, a cryptocurrency lending app on the Blast network, allegedly suffered a $24 million liquidation on April 11 because the developer wallet suddenly changed parameters. The official Discord administrator claimed that they had notified the team of the problem. The official has not yet issued an announcement on the matter. Pac Finance allows cryptocurrency holders to deposit funds and earn interest by borrowing capital. To ensure repayment, the app only allows borrowers to lend a certain percentage of the value of the collateral. This percentage is called the "loan-to-value ratio" (LTV). LTV can be changed by the development team, but it is usually only executed after the announcement. According to blockchain data from the Blast network, the Pac Finance developer wallet called a function on its PoolConfigurator-Proxy contract at 1:06 am UTC on April 11, setting the LTV of ezETH to 60%.