Curve founder proposes changing interest rate parameters for Ethereum network LlamaLend

BlockBeats news, on April 1, Curve founder Michael Egorov launched a proposal to change the interest rate parameters of his lending platform LlamaLend on the Ethereum network. The proposed change is that the interest rate in the WETH and tBTC markets will be from a minimum of 0.5% to a maximum of 25%, wstETH From 1% to 30%, CRV from 3% to 60%. The proposal says the goal of the changes is to bring borrowing rates at 80% utilization roughly equal to current market rates.