crvUSD is a CDP-style stablecoin built on Curve Finance with novel soft-liquidation mechanics. LLAMMA (Lending-Liquidating AMM Algorithm) continuously rebalances collateral across price bands rather than forcing liquidations. Borrowers face gradual collateral conversion instead of sudden liquidation, reducing losses. Accepts ETH, BTC, and liquid staked derivatives as collateral.
Joined onTue Feb 03 2026Validated onWed Feb 04 2026Likes15000Favorited3000