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Curve(CRV) LlamaLend 2 Activation Vote
Curve DAO's activation vote for two named LlamaLend lending markets on Ethereum mainnet moves the protocol closer to live lending activity, with defined borrow caps and a 10% admin fee setting clear revenue parameters. The vote's specific timing and pre-specified market terms make this a concrete, committed step rather than a vague proposal. The re-rate is real but contained, adding incremental lending activity to the protocol without altering CRV's overall valuation thesis.
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