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BTC $65,040.71 -0.96%
ETH $1,885.26 -2.20%
BNB $567.71 -0.29%
XRP $1.11 -2.28%
SOL $75.54 -2.57%
TRX $0.3308 +0.98%
DOGE $0.0699 -3.29%
ADA $0.1671 -3.87%
BCH $211.51 -2.24%
LINK $8.52 -1.23%
HYPE $58.73 -0.76%
AAVE $96.20 -1.19%
SUI $0.7348 -4.65%
XLM $0.1830 -0.93%
ZEC $507.39 -1.51%

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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