Aave has enabled a LlamaRisk agent for Pendle collateral on the Plasma network, according to a ChainCatcher report citing The Defiant. The agent can adjust pricing and borrowing parameters for a principal token with a current supply of $36.72 million. Those parameter changes are subject to fixed step-size limits and cooldown periods. Plasma is a Layer 1 network focused on stablecoin payments, Pendle is a yield-trading protocol, and LlamaRisk is a crypto risk management firm. The update centers on how collateral settings can be managed within Aave on Plasma, with the reported controls designed to constrain how quickly parameters can change.
Aave has enabled a LlamaRisk agent for Pendle collateral on the Plasma network, ChainCatcher reported.
According to The Defiant, the agents can adjust pricing and borrowing parameters for a principal token that currently has a supply of $36.72 million. Any related parameter changes are constrained by fixed step-size limits and cooldown periods.
Plasma is a Layer 1 network built for stablecoin payments. Pendle is a yield-trading protocol, while LlamaRisk is a crypto risk management firm.
This article was originally published by Bit.Fan. For more cryptocurrency news and market insights, visit www.bit.fan. Disclaimer:
The market information, project data, and third-party content displayed on this platform are for industry information sharing only and do not constitute any form of investment advice or return commitment.
Cryptocurrency trading carries high risks. Users should fully assess their risk tolerance and make independent decisions. All profits, losses, and legal responsibilities are borne by the users themselves.
