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Curve Team Proposes Changes to LlamaLend’s Interest Rate Parameters on Ethereum

Curve Team Proposes Changes to LlamaLend’s Interest Rate Parameters on Ethereum

CointimeCointime2024/04/01 08:47
By:Cointime

The Curve team has proposed a change to the interest rate parameters of its LlamaLend lending platform on the Ethereum network. The proposed changes include interest rates for the WETH and tBTC markets ranging from a minimum of 0.5% to a maximum of 25%, interest rates for wstETH ranging from 1% to 30%, and interest rates for CRV ranging from 3% to 60%. The proposal aims to make the borrowing rate at approximately 80% utilization roughly equal to the current market rate.

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