April 10, 2024: A Borrower and Lender was I 🦙💧

Lessons from testing Llama Lend soft-liquidation in the wild

Since it launched, we were among the earliest cohort to YOLO into Llama Lend. We tested nearly every facet of Llama Lend: both a borrower and a lender ‘twas I.

In particular, we willingly plunged a loan into soft liquidation, a feature we’d been previously too risk averse to ever test out.

The takeaways have been strongly positive. It is very little surprise that the new product is closing in on $50MM TVL.

Soft liquidation is a very friendly experience, per the rubric:

For those who don’t want to subscribe, a few of our overall takeaways are included in this 𝕏 thread on the subject… please help us by sharing it!

Far more gory details for subscribers…