According to Foresight News, the Curve team initiated a proposal in the community to change the interest rate parameters of its lending platform LlamaLend on the Ethereum network. The proposed changes are to increase the interest rates of the WETH and tBTC markets from a minimum of 0.5% to a maximum of 25%, wstETH from 1% to 30%, and CRV from 3% to 60%. The proposal states that the goal of the change is to make the borrowing rate at a utilization rate of 80% roughly equal to the current market rate.
