๐ฆEvery known
@CurveFinance
LLAMMA Resource๐ฆ
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โฉ๏ธReply and we'll periodically update the thread with any missing resources...
๐งต1/
Need some spare cash for borrowing or lending on Llama Lend?
New UI to get paid for calling the Peg Keepers' update and get a piece of their profits.
The tricky part is getting more than you use in gas before others swipe the opportunity...
Users of crvusd and LlamaLend are known to like risk (e.g. borrowing maximum possible or doing max leverage). Yet, in this drop, less than 10k worth of collateral was hard-liquidated
They say gas is cheap, but it cost a whopping 5,505 gwei (2.37 ETH / $7,712.53) to liquidate this user at a $7,878 discount during yesterday's crash...
The bad debt was cleared by sifuvision.eth, who's suffered a rough month.
Lending markets with long tail assets require real-time risk monitoring. Liquidity can be sufficient at pool creation, but dropoff due to exogenous events can cause risks!
Is there an easy way to understand how crvUSD works?
Maybe these diagrams will help.
@CurveFinance
@CurveCap
How crvUSD's AMM works (Soft-Liquidation):
1. The collateral deposited will be placed below the price
๐งต6/
@LlamaRisk
authors exhaustively researched reports.
A sample of recent highlights include...
Intro to Lending:
Morpho Vault:
Sturdy Silos:
Much more, a must follow!
We are pleased to share our
@SturdyFinance
Silos Dashboard for users interested in the $crvUSD Aggregator on Sturdy V2.
Some highlights below๐
#crvUSDaggregator
1/8
We built an open-source, agent-based model for simulating Curve's stablecoin (crvUSD) under varying market conditions.
Using this model, we ran 1000s of simulations to quantify the system's risks and identify parameter improvements.
Visit our repo or our report to learn more ๐งต
While waiting for the
#ETH
ETFs, we have just released the analytics on Llamalend.
You can now have a complete history for each mainnet and
#Arbitrum
market.
๐
$crvUSD $CRV
#DeFi
Made this poster based on things I didn't understand about $crvUSD
All the information should be correct, please let me know if it's not though and I'll change it and reupload
I've learnt
@CurveFinance
systems are quite complex and some things are not as intuitive as they seem
We just released a crvUSD risk dashboard to the IntoTheBlock DeFI Risk Radar. This dashboard features dozens of risk signals and is crucial for any investor interacting with
@CurveFinance
crvUSD.
And the best part? It's available publicly๐
1/ Proud to announce the launch of the
@CurveFinance
crvUSD Risk Monitoring and Alerting Platform, supporting the new stablecoin on
@ethereum
.
Check out the portal here:
Let's dive into the features below๐
๐งต10/
The
@DeFiSaver
interface for $crvUSD and Llama Lend is so swift it often includes features that have yet to hit the Curve UI, such as leverage. Worth a look!
Congrats on the (now official) launch
@CurveFinance
!๐ฅณ
Our LlamaLend dashboard has also been updated to the latest deployed protocol contracts.
Still, like the Curve team suggested - ape responsibly, this is a very much brand new protocol.
๐
Updated the
#crvUSD
dashboard metrics with all current markets. With a big borrow amount today (~ $12M) the total collateral amount reached $200M ๐, total debt at a high of $120M.
๐
๐งต16/
@CurveCap
posts daily articles on Curve and
#DeFi
, including technical tutorials and data analyses based on LLAMMA
Some notable threads:
โข
โข
June 22, 2023: $crvUSD FAQ ๐โ๏ธ
Short answers to common questions about the
@CurveFinance
stablecoin
General Questions 1-5
Liquidation Process 6-14
Peg Keepers 15-19
Borrow Rate 20-23
Risks / Safety 24-28
๐งต1/28๐
๐งต11/
@mrblocktw
maintains several great
@DuneAnalytics
dashboards, including this gorgeous dashboard on Llama Lend:
Plus other great educational content on LLAMMA, and occasional IRL events in East Asia:
๐งต14/
The official Curve documentation is exhaustively maintained and provides outstanding and fast updated links and explanations, authored by
@mo_anonymus
General Documentation
Technical Documentation:
Introducing our Enhanced
@21co__
Stablecoin Dashboard on
@DuneAnalytics
๐งโโ๏ธ
What Insights you will be able to get:
1. Overview of the Stablecoin Landscape on Ethereum
- Tracking 25 Stablecoins including PYUSD, FDUSD, GHO, crvUSD, sDAI, eUSD, BOB, R, etc.
- Circulating Supply
To hell and back again with crvusd.
I opened my
@CurveFinance
crvusd position just before that last doozy of a crash and borrowed a fair chunk of what was available to me. The crash took me to the near precipice of hard liquidation and back again.
LLAMMA took me through each