Curve launched Llamalend v2 and its first platform, Optimism, received 250,000 OP rewards.

CoinFeed reported on June 10th that, according to The Block, Curve Finance has launched its lending protocol Llamalend v2 on Optimism as the first phase of a major upgrade, with plans to deploy it to the Ethereum mainnet in the second half of this year. Llamalend v2 removes the restriction of only supporting crvUSD, allowing for virtually any combination of collateral and lending assets, and adds LlamaRisk as the market vetting agent, responsible for evaluating new collateral and managing the market lifecycle. Users can use Curve LP tokens as collateral to lend funds while maintaining market-making exposure, improving capital efficiency.