Curve Finance Integrates Llamalend and Expands crvUSD Lending Market
Curve Finance has announced the integration of Llamalend, enabling a crvUSD stablecoin lending market on the Ethereum network. This market features auto-adjusting positions based on crypto-tokenized collateral prices, allowing borrowing, lending, and permissionless market creation. Recent updates from Curve Finance highlight record volumes and utilization for crvUSD pools, driven by soft-liquidations and de-liquidations. The crvUSD collateral has also been enabled on Strike Finance, offering high supply and borrow APYs. Curve's innovative lending system avoids hard liquidations, providing a better experience for borrowers compared to platforms like Maker and Aave.