Latest info says participation 75-80% Reaching 90% does not seem feasible Extending the PSI is still possible despite the denial If 66.6% isn’t reached there will be a 90% involuntary haircut/defaulf Over 66.6% but below 75% and the CACs will be triggered Over 75% and there will be a discussion about whether or not to activate CACs But it’s still likely that CACs will be triggered (full story)