ChainCatcher news, blockchain auditing and security company Statemind has released the audit report for the Curve Finance lending platform LlamaLend, identifying and successfully fixing 1 Critical, 1 High, and 4 Medium vulnerabilities.Curve stated that the audit was completed before the launch of LlamaLend.

ChainCatcher news, the Curve community has initiated a new proposal to create a LlamaLend market for the Ethena stablecoin sUSDe, supporting 20x leverage for staking USDe.Additionally, it is proposed to create a custom oracle for sUSDe, combining three Curve pools to obtain price information for sUSDe.

ChainCatcher news, Curve Finance announced on social media that Curve Lend (also known as LlamaLend) is now live.It is reported that on this lending platform, users can list any asset on their own without permission, but the specific collateralization ratio parameters and soft liquidation losses for each asset will vary based on a set of algorithms.

ChainCatcher news, Curve Finance disclosed more details about its one-way lending market Llamalend based on crvUSD on social media platforms. In this lending platform, users can self-list any asset without permission, but the collateral ratio parameters and soft liquidation losses for each asset will vary based on a set of algorithms. Curve Finance provided example calculations of parameters for some assets based on this algorithm, with a maximum loan-to-value ratio (LTV) of 83% for CRV-type assets, and some euro stablecoins can reach an LTV of 96.5%.

ChainCatcher news, Curve Finance recently stated on the X platform that the one-way lending market based on crvUSD is ready and awaiting contract audit. The two-way lending market (where collateral can be borrowed) is also basically ready, with contract writing completed and testing underway. Today, Curve Finance released an update based on the above announcement, stating that there are only a few days left until Llamalend launches, and once the auditor agrees, the product testing will be deployed ahead of the UI.According to the GitHub document released by Curve founder Michael Egorov, the Curve stablecoin crvUSD uses LL AMM a for soft liquidation (code in AMM.vy). However, this AMM allows for any token pair. This code creates a lending market to borrow crvUSD with any token, or to borrow any token with crvUSD in isolation mode. First, a "simple" non-recollateralized market will be created, followed by cross-market, where the provided collateral is borrowed to serve as lending liquidity while earning some annual interest rate.

ChainCatcher news, the anonymous founder of the DeFi data website DeFiLlama, 0xngmi, announced the official launch of the NFT lending protocol LlamaLend, which allows borrowers to collateralize NFTs and obtain instant loans in ETH at a fixed interest rate.Lenders can choose any NFT collection as their accepted collateral, create a liquidity pool, and select the LTV, maximum loan term, and interest rate. Borrowers can choose the loan duration and borrow ETH equivalent to the lowest floor price of the NFT over the past 7 days. To retrieve the NFT, they must repay the ETH before the due date. If the borrower fails to repay the loan on time, the lender can claim the NFT.It is reported that LlamaLend is primarily used for NFT collateralized loans in the long-tail market, targeting small collectibles, featuring no liquidation, pay-as-you-go, and fixed rates based on pool utilization. (source link)

ChainCatcher news, the anonymous founder of the DeFi data website DeFiLlama, 0xngmi, announced on Twitter that the NFT lending project llamalend is about to launch, and the smart contract has been completed and open-sourced on Github.According to the contract introduction, llamalend is mainly used for NFT collateral loans in the long-tail market, specifically targeting small collectibles, featuring no liquidation, pay-as-you-go, and fixed rates based on pool utilization. (source link)