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ETH $2,295.44 -3.12%
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XRP $1.39 -2.71%
SOL $84.19 -3.08%
TRX $0.3258 +0.57%
DOGE $0.0979 -1.39%
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BCH $448.87 -1.20%
LINK $9.22 -2.67%
HYPE $41.60 -1.05%
AAVE $95.82 -1.01%
SUI $0.9250 -2.26%
XLM $0.1646 -3.85%
ZEC $354.11 -0.91%

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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