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Westwood-

What can you mint crvusd against? Any pool on curve?

#cryptocurrency #english #frax
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sh345-

Regular collateral too I think. "Within the $crvUSD universe, once you initially lend your collateral, your portfolio has a balance consisting 100% of this collateral. If the LLAMMA observes the price of this collateral is dropping, it automatically liquidates your portfolio into $crvUSD. If the price goes back up your collateral gets repurchased. Therefore, instead of an instantaneous liquidation, the process occurs smoothly over a continuous range".

0
25.11.2022

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