Glossary · Definition
Lending-Liquidating AMM Algorithm (LLAMMA)
The Lending-Liquidating AMM Algorithm, or LLAMMA, is the system Curve uses for loans in its crvUSD stablecoin, and it sells a borrower's collateral gradually as prices fall.
Join CryptoBipto to view the full explanation.
The full entry for Lending-Liquidating AMM Algorithm (LLAMMA) covers the detailed definition, how it works, an example and the mistakes beginners make.
More terms about DeFi.
CryptoBipto is a crypto education platform. It does not buy, sell, hold or send cryptocurrency for anyone, and it does not give financial advice.