Trends in Voter Behaviour and Voting Power: A Comparative Study in Curve Finance and Polkadot
Blockchain technology has ushered in a new era of innovative governance mechanisms for decision-making. It shifts power from small, centralized groups to a broader community, democratizing and monetizing voting power. This transformation significantly boosts participation, enhances transparency, and secures the decision-making process within the community.
A Primer on Curve Lending
LLAMMA's Soft Liquidation Mechanism Reshaping DeFi Lending, Curve Lending is a decentralized, non-custodial lending and borrowing platform built on the Ethereum blockchain. It leverages the existing infrastructure and mechanisms of Curve Finance, particularly the crvUSD stablecoin system and the LLAMMA (Lending-Liquidating AMM) algorithm. The platform allows users to create permissionless lending pools for supported asset pairs, with crvUSD initially serving as the primary collateral or borrowed token. As of mid-March 2024, the platform soft-launched with support for CRV, WETH, tBTC, and wstETH as initial markets, and plans to expand to other assets. New markets may be added permissionlessly.
