Add as a preferred source on GoogleCrypto Account @CurveFinance Cites 37.1% Yield for LlamaLend V2 syrupUSDC Strategy
The syrupUSDC strategy used 20x leverage; a separate sUSG-reUSD pool was listed at 13.4%. No trading volume was listed for syrupUSDC.
Crypto commentator @CurveFinance cited a 37.1% yield for a LlamaLend V2 strategy using 20x leverage on syrupUSDC. The same account listed a 13.4% yield for a separate pool pairing sUSG with reUSD.
The figures concern different positions. No trading volume was listed for syrupUSDC.
LlamaLend V2 divides lending into isolated markets, each with its own price feed (oracle), parameters and borrowing cap. Supported Curve liquidity-provider (LP) tokens can back loans while their associated pool positions stay active and continue earning trading fees.
The yield figures add to the picture of LlamaLend V2’s August borrowing and collateral growth, when borrowing rose 45% to $65.2 million and collateral increased 49% to $79.3 million.
Enna Lee
ReporterEnna Lee reports on investing and digital-asset markets for TokenPost. Send corrections or tips to info@tokenpost.com.