in 7d· 21 JulOther

LlamaLend 2 Activation Vote

Medium6.0

◆ Description

Curve DAO vote to activate LlamaLend 2 lending markets (sDOLA-crvUSD, sfrxUSD-crvUSD) on Ethereum mainnet, with defined borrow caps and a 10% admin fee. Voting ends Jul 21, 2026, 12:26 PM.

◆ Why it matters

Curve DAO's activation vote for two named LlamaLend lending markets on Ethereum mainnet moves the protocol closer to live lending activity, with defined borrow caps and a 10% admin fee setting clear revenue parameters. The vote's specific timing and pre-specified market terms make this a concrete, committed step rather than a vague proposal. The re-rate is real but contained, adding incremental lending activity to the protocol without altering CRV's overall valuation thesis.