Today, a proposal to deploy the $wstETH market for $crvUSD on Curve Finance passed, raising its debt ceiling from $10M to $150M - a 15x increase. Effectively bringing the product into full swing, testing $crvUSD at scale. Is this LSD stablecoin any useful?
Reviewing $crvUSD's Liquidation Algorithm
Reviewing $crvUSD's Liquidation Algorithm
Reviewing $crvUSD's Liquidation Algorithm
Today, a proposal to deploy the $wstETH market for $crvUSD on Curve Finance passed, raising its debt ceiling from $10M to $150M - a 15x increase. Effectively bringing the product into full swing, testing $crvUSD at scale. Is this LSD stablecoin any useful?