Alunara (@0xalunara) 's Twitter Profile
Alunara

@0xalunara

Curve.fi front-end. Llama pilot at llama.airforce and curvemonitor.com

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linkhttp://llama.airforce calendar_today16-07-2020 22:31:10

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Alunara
@0xalunara

3 years ago

Curve stable ELI5: Old fashioned CDPs have a liquidation price. If your collateral goes below price then boom! LLAMMA is a loan that constantly rebalances your collateral, such that if your collateral price dips, your collateral gets swapped for what you borrowed.