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BTC $63,056.73 +0.08%
ETH $1,881.37 -0.01%
BNB $606.08 -0.54%
XRP $1.00 -0.19%
SOL $75.54 +0.18%
TRX $0.3308 -0.59%
DOGE $0.0697 -0.71%
ADA $0.1770 -1.87%
BCH $203.40 -1.16%
LINK $9.40 -2.15%
HYPE $57.04 +0.87%
AAVE $86.35 -0.49%
SUI $0.6758 -1.34%
XLM $0.1567 -1.29%
ZEC $486.84 -1.37%

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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