Curve reveals more details about its one-way lending market Llamalend, CRV first-class asset LTV is 83%
On February 4th, Curve Finance disclosed more details about its crvUSD-based one-way lending market, Llamalend, on social media. Within this lending platform, users can self-list any asset without permission, but the collateralization ratio parameters and soft liquidation losses for each asset will differ based on an algorithm. Curve Finance provided examples of the parameters for some assets based on this algorithm, with a maximum loan-to-value (LTV) ratio of 83% for assets like CRV and up to 96.5% for some Euro stablecoins. Previously, Curve Finance announced that it plans to launch Llamalend in the coming days.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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