Borrowing from @CurveFinance is really lucrative, as the interest rates are so low during market panic due to the strong demand for stablecoins for hedging purposes, which drives the price of crvUSD upwards and pushes the interest rates down. If you want to , $crvUSD from Curve is the perfect choice. Why? Because the LLAMA soft liquidation mechanism ensures that you won't be easily liquidated, and as long as the N value is not set too low, you won't be blown away.
This article is machine translated
Show original
Curve Finance
@CurveFinance
02-28
Serious times need serious measures! crvUSD automatically adjusts borrow rates, and they appear fairly low when crypto prices are down. All by design
From Twitter
Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
Like
Add to Favorites
Comments
Share
Relevant content
