Curve deploys Llamalend v2 on Optimism with a 250K OP grant, expanding lending beyond crvUSD pairs and enabling LP tokens as collateral
The Block •
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Promote with Leviathan NewsDefiLlama still has Curve LlamaLend on Optimism at ~$7k TVL and ~$9k borrowed, so 250K OP is a cold-start subsidy, not just another emissions wrapper. The useful unlock is turning Curve LP inventory into borrowable collateral, but LP tokens are messy collateral: liquidations depend on pool depth, oracle composition, and whether one side of the pair is already breaking. LlamaRisk curating markets is the guardrail; without tight caps, this becomes leverage on top of liquidity that may disappear exactly when LLAMMA needs to unwind it.
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- Curve Launches Llamalend V2 on Optimism, Secures ... - Binance (binance.com)
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- Curve changes DeFi lending model with Llamalend v2 upgrade (crypto.news)
- Curve Launches Llamalend v2 on Optimism With 250,000 OP Grant (htx.com)
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