Curve

According to the tweet, there are indications that good incentives will be introduced in the next few hours for crvUSD deposits in the WETH market. This is part of an initiative by the community to create deep on-chain liquidity using advanced bonding curves.

According to a recent tweet, it appears that users can now shift loans between Maker and crvUSD using the DeFiSaver platform. This development could potentially enable greater flexibility and liquidity management options for decentralized finance (DeFi) users.

According to reports, the current weekly fees are the highest since the collapse of Silicon Valley Bank (SVB) and the depegging of USDC stablecoin in March 2023. However, unlike the previous events, these fees are being generated in a sustainable manner without any major disruptions or incidents.

On April 14th, 2024, market activity led to a reduction in borrow rates on certain assets, as well as improved stability for the crvUSD stablecoin, which remained pegged to the US dollar. The system handled these market fluctuations gracefully, indicating its resilience and adaptability.

LlamaLend, a decentralized lending protocol on Ethereum and Arbitrum, reported that its systems functioned correctly during recent market volatility, with no bad debt incurred. However, borrowers using non-BTC and non-ETH collaterals experienced rapid losses and are advised to monitor volatility if in soft-liquidation. On Arbitrum, cross-chain arbitrage traders appeared to miss opportunities with CRV and FXN tokens, resulting in 0.7% ($7k) of CRV market debt being under-collateralized. The update emphasizes the importance of arbitrage for LlamaLend and calls on arbitrage traders to participate and profit while supporting the system.

Llamalend, a decentralized finance protocol aiming to create deep on-chain liquidity using advanced bonding curves, has successfully undergone an audit before its official launch. The audit, conducted by a reputable security firm, aimed to identify and mitigate potential vulnerabilities in the protocol's smart contracts. This proactive measure demonstrates Llamalend's commitment to ensuring the safety and security of user funds.

Curve Finance's lending protocol Llama Lend, which utilizes soft liquidations and requires crvUSD for all such liquidations, has seen its total value locked (TVL) on the Arbitrum network surpass $10 million. This growth in TVL on Arbitrum, which reached $6 million just six hours after launch, is attributed to the increasing demand for crvUSD as Llama Lend's borrowing activity drives volume in the crvUSD pool. The mainnet TVL for Llama Lend has also climbed to $20 million.

Curve Finance has announced that CRV rewards for crvUSD lenders on the LlamaLend sUSDe market are now live. The update also hints at the possibility of ENA being added to LlamaLend in the future. This move aims to create deep on-chain liquidity using advanced bonding curves within the DeFi ecosystem.

Curve Finance, a decentralized exchange liquidity pool on Ethereum, has announced plans to incentivize the deployment of its lending protocol on the Arbitrum and Optimism layer-2 scaling solutions. The team has submitted a grant proposal to the Optimism Foundation to bootstrap Curve Lending on Optimism. Additionally, Curve Finance intends to use funds from a previous Arbitrum investment to incentivize the deployment of its protocol on Arbitrum. These moves aim to create deep on-chain liquidity using advanced bonding curves on the layer-2 networks.

Curve Finance has announced that their lending protocol, Llama Lend, is now deployed on the Arbitrum network, enabling cross-chain functionality. Additionally, there are updates regarding the $PRISMA token, though details are not provided in the tweet thread. Curve Finance is known for creating on-chain liquidity using advanced bonding curve mechanisms.