Diphunter ¤(@Diphunter18):LlamaLend V2 just unlocked a new use case for Curve LPs. The first LP-backed lending market is now live, pairing reUSD/sfrxUSD from @ResupplyFi and @fraxfinance. Users can provide liquidity to the Curve pool, then use the LP token as collateral to borrow $crvUSD. Their position continues earning pool fees while backing the loan. The market launched with a 3M crvUSD borrowing cap, and 10% of borrower interest goes to the Curve DAO. The lending gauge has also been added to the GaugeController. Once it receives veCRV votes, lenders can become eligible for $CRV rewards. This brings liquidity provision and lending together in one position. Curve LPs can now put their positions to work beyond earning trading fees.

2026.10.17 12:49

LlamaLend V2 just unlocked a new use case for Curve LPs. The first LP-backed lending market is now live, pairing reUSD/sfrxUSD from @ResupplyFi and @fraxfinance. Users can provide liquidity to the Curve pool, then use the LP token as collateral to borrow $crvUSD. Their position continues earning pool fees while backing the loan. The market launched with a 3M crvUSD borrowing cap, and 10% of borrower interest goes to the Curve DAO. The lending gauge has also been added to the GaugeController. Once it receives veCRV votes, lenders can become eligible for $CRV rewards. This brings liquidity provision and lending together in one position. Curve LPs can now put their positions to work beyond earning trading fees.