ChainCatcher reports that Aave has enabled LlamaRisk agents for Pendle collateral on the Plasma network. According to The Defiant, these agents can adjust the pricing and borrowing parameters of a certain principal token, which currently has $36.72 million in supplied assets.
The parameter adjustments are subject to fixed step limits and cooldown periods. Plasma is a Layer 1 network designed for stablecoin payments, Pendle is a yield trading protocol, and LlamaRisk is a crypto risk management firm.
The parameter adjustments are subject to fixed step limits and cooldown periods. Plasma is a Layer 1 network designed for stablecoin payments, Pendle is a yield trading protocol, and LlamaRisk is a crypto risk management firm.