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BTC $64,982.37 -1.14%
ETH $1,884.80 -2.25%
BNB $567.16 -0.42%
XRP $1.10 -2.66%
SOL $75.51 -2.84%
TRX $0.3313 +1.14%
DOGE $0.0698 -3.58%
ADA $0.1668 -4.35%
BCH $210.23 -2.84%
LINK $8.48 -1.91%
HYPE $58.40 -1.33%
AAVE $95.86 -2.19%
SUI $0.7341 -4.65%
XLM $0.1826 -1.26%
ZEC $501.95 -2.56%

Curve disclosed more details about the one-way lending market Llamalend, with an LTV of 83% for CRV class assets

2024-02-04 09:31:37
Collection

ChainCatcher news, Curve Finance disclosed more details about its one-way lending market Llamalend based on crvUSD on social media platforms. In this lending platform, users can self-list any asset without permission, but the collateral ratio parameters and soft liquidation losses for each asset will vary based on a set of algorithms. Curve Finance provided example calculations of parameters for some assets based on this algorithm, with a maximum loan-to-value ratio (LTV) of 83% for CRV-type assets, and some euro stablecoins can reach an LTV of 96.5%.

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