Ooki's risk system considers the volatility of each trading pair rather than attaching a fixed collateral factor to each asset.
22 Nov 2022, 19:13
Ooki’s risk system considers the volatility of each trading pair rather than attaching a fixed collateral factor to each asset.
This means when someone borrows $CRV with $USDC as collateral, the loan doesn’t get a high LTV just because the collateral is stable.
seems highly likely aave will be fine today
otoh, 89% ltv for usdc feels very uncomfy
lending protocols really need ltv to be responsive to liquidity of both supplied and borrowed assets, eg @getty_hill safety score idea or @eulerfinance borrow factor