Curve Finance has launched Llamalend v2, its upgraded lending protocol, on the Optimism network. This marks the first phase of a significant upgrade, with plans to extend to the Ethereum mainnet later this year. Llamalend v2 introduces flexibility by supporting various collateral and lending assets, and incorporates LlamaRisk for market evaluation and management. Users can leverage Curve LP tokens as collateral, enhancing capital efficiency. The launch on Optimism is supported by a 250,000 OP token subsidy from the Optimism Foundation, valued at approximately $50,000, aimed at boosting liquidity and activity over two months. Initially, lending is unrestricted, with a lending cap to be set following a seven-day DAO vote. Full functionality is expected to commence from June 16th.
Curve Finance Launches Llamalend v2 on Optimism with 250,000 OP Rewards
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