UwU Lend, a decentralized lending platform, is excited to announce the return of the Curve ecosystem and the launch of its new stablecoin, crvUSD. This marks a significant step forward for UwU Lend, making it one of the first lending platforms to offer crvUSD.
The Thrilling Curve Market Will Captivate Investors
CRV is the governance token of the Curve ecosystem, allowing users to vote for liquidity pools in exchange for emissions and bribes. Now, UwU Lend users can deposit their tokens and earn interest in CRV. The APY will vary based on pool utilization, and borrowers can also borrow CRV at a 50% LTV with a liquidation threshold of 60%, and a 10% bonus for liquidators.
Introducing crvUSD: The Powerful Stablecoin That Revolutionizes the Market
The addition of crvUSD to UwU Lend allows users to deposit and earn interest, participate in the platform’s revenue flywheel, and borrow against their crvUSD at an 80% LTV with a liquidation threshold of 85%. Users can also mint or swap crvUSD from UwU Lend’s partners at Silo.
About UwU Lend
UwU Lend is a decentralized finance (DeFi) platform that enables users to borrow, lend, and earn interest on their crypto assets. Built on the Ethereum blockchain, UwU Lend utilizes smart contracts to automate transactions and eliminate intermediaries. Its decentralized nature ensures transparency and trust within the ecosystem.
Stay Updated
To learn more about UwU Lend, visit their official website and follow them on social media platforms like Twitter, Discord, DeBank, and Reddit for the latest updates and news. Supporting the well-established Curve ecosystem is just the first step for UwU Lend, with more additions and possibilities to come for their users.
