Curve has launched the lending protocol Llamalend v2 on Optimism.

ETH0%
OP0%

BlockBeats News, June 10th, Curve Finance has launched the lending protocol Llamalend v2 on Optimism, with plans to deploy it on the Ethereum mainnet in the second half of this year. Llamalend v2 removes the restriction to only support crvUSD, allowing almost any collateral to be used in a borrowing asset combination. In addition, LlamaRisk has been added as the market oracle, responsible for new collateral evaluation and market lifecycle management. Users can use Curve LP tokens as collateral to borrow funds while maintaining their position in the liquidity pool, thus improving capital efficiency.

Source: BlockBeats

Disclaimer: The current content is sourced from third-party perspectives or directly translated by AI from third-party perspectives. CoinEx does not guarantee the authenticity, accuracy, and originality of the content, and it does not constitute any investment advice from CoinEx. The prices of cryptocurrencies are highly volatile, please be aware of the potential risks.

Related NewsView All

Security Alert: A legacy liquidity pool on Raydium appears to have been exploited, with hackers stealing approximately $1.34 million in assets

"ETH Long" Buddy Faces Partial Liquidation Again, Cumulative Loss Reaches Nearly $35 Million

Yesterday, the US Bitcoin ETF saw a net outflow of $77.4 million, while the Ethereum ETF saw a net outflow of $40.9 million.

Hot

Coins
Price
24H Change