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ETH $1,589.81 +0.63%
BNB $551.40 -0.33%
XRP $1.04 -0.21%
SOL $73.98 +1.86%
TRX $0.3190 -1.42%
DOGE $0.0722 -0.69%
ADA $0.1448 -0.02%
BCH $199.96 +1.57%
LINK $7.29 -0.43%
HYPE $65.51 +4.68%
AAVE $90.11 -1.62%
SUI $0.6956 +0.24%
XLM $0.1816 +4.75%
ZEC $399.32 +4.46%

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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