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SOL $74.63 +2.04%
TRX $0.3281 +0.59%
DOGE $0.0704 +0.63%
ADA $0.1703 +4.71%
BCH $218.64 +4.09%
LINK $8.48 +2.65%
HYPE $53.93 -1.79%
AAVE $98.69 +0.55%
SUI $0.6957 +1.78%
XLM $0.1723 -0.13%
ZEC $474.96 +2.67%

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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