Curve: LLAMMA turns liquidations into a managed process with 704 episodes in six months
- —704 soft liquidation episodes, 602 unique borrower addresses
- —Median of 14.5 days, 75th percentile at 38.9 days
- —476 episodes began in the first half of the year: collateral worth $69.8 million
- —12 major episodes with $15.2 million in collateral were analyzed
Why it matters: The LLAMMA model reduces the risk of forced selling during stress periods, which matters for the resilience of DeFi lending.
Source: Crypto Economy