English < Article List - DigitalToday

Search results for LlamaRisk

Crypto

Aave to remove low-adoption reserves, end services on six small blockchains

DeFi protocol Aave has put forward a governance proposal to remove low-use assets from its reserves and end services deployed on six smaller blockchain networks. The move affects $98.10 million in deposited assets and $15.60 million in outstanding debt, The Block reported. The proposal recommends removing 50 low-adoption reserves across 11 Aave V3 deployments and 21 maturing Pendle principal tokens, and fully shutting deployments on Sonic, Scroll, zkSync, Metis, Soneium and Aptos.

Crypto

Curve Finance launches Llamalend v2, deploys on Optimism ahead of Ethereum mainnet

DeFi protocol Curve Finance launched Llamalend v2, an upgraded lending infrastructure, on Optimism ahead of an Ethereum mainnet deployment. The new version removes collateral pairing limits that had been restricted to crvUSD pairs and allows most assets, including Curve LP tokens, to be used as collateral and borrowable assets. Curve received a 250,000 OP token grant from the Optimism Foundation, to be distributed over about two months. Mainnet deployment is planned for the second half of this year.