LLAMMA (Lending-Liquidating AMM Algorithm) product
Overview
LLAMMA (Lending-Liquidating Automated Market Maker) is an algorithmic component developed by Curve Finance that integrates liquidation into the AMM itself. It replaces traditional auction-based liquidation with a continuous price-dependent adjustment of collateral and debt positions, aiming to reduce liquidation penalties and improve capital efficiency.
Relations
No connections recorded for this entity in the DeFi Intel knowledge graph yet.
Frequently asked questions
What is LLAMMA?
LLAMMA (Lending-Liquidating Automated Market Maker) is an algorithmic component developed by Curve Finance that integrates liquidation into the AMM itself.
How does LLAMMA handle liquidation?
LLAMMA replaces traditional auction-based liquidation with a continuous price-dependent adjustment of collateral and debt positions.
What are the goals of LLAMMA?
LLAMMA aims to reduce liquidation penalties and improve capital efficiency.