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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

2024/04/01 09:56

According to Mars Finance news, the Curve team launched a proposal on the forum to change the interest rate parameters of its lending platform LlamaLend on the Ethereum network. The proposed changes involve interest rates being set at a minimum of 0.5% and a maximum of 25% for the WETH and tBTC markets, 1% to 30% for wstETH, and 3% to 60% CRV. The proposal says the goal of the changes is to bring borrowing rates at 80% utilization roughly equal to current market rates.

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