icon - Lend Flare
LFT Lend Flare
+ 0%
$ 0.00024941
Rank
Name
Price
CAP
Volume 24h
Circulating supply
Change 24h
Graph (7d)
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    Lend Flare
    $ 0.00024941
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    0 LFT
    + 0%

Lend Flare. Price of cryptocurrency: $ 0.00024941

Curve investors can borrow against theirLPs for a certain amount of period with a fixed borrow rate and no concerns about their assets being liquidated due to price fluctuations. CurveLPs will not be lent out again but reinvested into Convex to ensure maximum profit and give all back to borrowers.
Curve investors can earn their maximum profits from their CurveLPs if they are deposited back into Curve by Lend Flare. If you hold stethcrv, you can only borrow ETH if you borrow the same pegged token.
The assets supplied by the lender will be deposited into Compound to earn basic interest. If borrowers borrow assets, they will have a borrow rate that is lower than Compound's. Lend Flare transfers funds from Compound to the borrowers. The supplied interest rate will be higher than Compound due to high collateral ratio.