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ETH $1,560.76 -1.94%
BNB $573.32 -0.03%
XRP $1.09 -1.29%
SOL $61.91 -4.79%
TRX $0.3212 -0.11%
DOGE $0.0809 -1.85%
ADA $0.1581 -2.10%
BCH $214.48 -1.96%
LINK $7.35 -0.90%
HYPE $57.73 -1.38%
AAVE $60.50 -3.61%
SUI $0.7109 +0.18%
XLM $0.2114 +9.96%
ZEC $359.40 +4.27%

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
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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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