sDOLA on Llamalend is example #733 for why we love DeFi. Borrow rates are 2.46% with up to 50x đ leverage, while sDOLA yield is currently 6.96%! đ€ @CurveFinance
UPDATE #2: Borrows on LlamaLend spiked $5m today, pushing overall borrows to a new ATH of $86.4m đ
Most of the TVL growth is currently concentrated into markets where you can leverage-loop yield-bearing stables like sfrxUSD, $sDOLA, $USDe, $sUSDe etc..
With rising yields on yield-bearing stables, TVL and borrows are expected to keep increasing as the looping becomes more and more attractive đđ
Would like to see CurveDAO add more markets, especially gold-backed tokens like $PAXG and $XAUT, to LlamaLend soonđȘđ
$crvUSD $CRV $CVX
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