6 hours ago

Curve Finance Launches Recovery Path for Affected CRV-Long LlamaLend Market Lenders

TLDR: Curve Finance built a crvUSD and cvcrvUSD pool to give affected lenders voluntary exit or hold options. Full recovery is modelled at $1.242 CRV, while partial recovery begins around the $0.957 CRV price level. A gauge addition could allow veCRV voters to direct CRV emissions, deepening liquidity for the recovery pool. LlamaLend V2 is [...]

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Source: Blockonomi →