The Curve team suggests changing the interest rate parameters of LlamaLend on Ethereum
2024-04-01 16:39:16
The Curve team has initiated a proposal in the community to change the interest rate parameters of their lending platform LlamaLend on the Ethereum network. The proposed changes include interest rates in the WETH and tBTC markets from a minimum of 0.5% to a maximum of 25%, wstETH from 1% to 30%, and CRV from 3% to 60%. The proposal states that the goal of the change is to make the borrowing rate at a utilization rate of 80% roughly equal to the current market rate.