Curve Finance has launched Llamalend v2 on Optimism as the first phase of a major upgrade to its lending infrastructure, with plans to deploy it to the Ethereum mainnet in the second half of this year. This launch received a subsidy of 250,000 OP tokens from the Optimism Foundation to fund early liquidity incentives for approximately two months. Llamalend v2 removes the previous restriction that only supported crvUSD trading pairs, allowing markets to be created around multiple types of collateral and borrowing assets, and supports Curve LP tokens as collateral.

CRV17.81%
OP-3.13%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 4
  • 1
  • Share
Comment
Add a comment
Add a comment
GateUser-f4b3df7a
· 10h ago
Finally no longer limited to crvUSD, being able to collateralize LP tokens is also very awesome
View OriginalReply0
GateUser-15b19a42
· 10h ago
250k OP only lasts two months; what will the early liquidity pool look like after all the competition?
View OriginalReply0
QuietRugAlarm
· 10h ago
Llamalend v2 is making good progress; let's see after the mainnet launches.
View OriginalReply0
On-ChainNightSecurityGuard
· 10h ago
OP subsidies are really attractive, let's go ahead and support them first
View OriginalReply0
  • Pinned