Aave Activates LlamaRisk Agents for Pendle Collateral on Plasma

Users and market participants watching Plasma notice that pricing and borrowing settings for a Pendle principal token can now be adjusted by LlamaRisk agents instead of being left unchanged. That matters today because the setup is already active and the token involved has $36.72 million supplied, so the change is visible in how the collateral is managed right now.

In practice, the setup now allows pricing and borrowing parameters to be changed within fixed step limits and cooldowns, rather than without those controls. What stays the same is that the token remains on Plasma and the adjustments remain tied to the collateral arrangement there; the change is in who or what can act on those settings and under what constraints.