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BTC $62,951.83 -0.73%
ETH $1,880.02 +0.08%
BNB $606.03 -0.17%
XRP $1.00 +0.38%
SOL $75.59 -0.08%
TRX $0.3318 -0.77%
DOGE $0.0698 +0.36%
ADA $0.1797 -1.46%
BCH $201.47 -3.06%
LINK $8.86 +1.52%
HYPE $55.68 -3.97%
AAVE $86.32 -0.94%
SUI $0.6768 -1.16%
XLM $0.1601 +0.61%
ZEC $487.36 -0.18%

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

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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