Curve Founder’s $168M Stash Is Under Stress, Creating a Risk for DeFi as a Whole
Submitted by Anonymous (not verified) on Tue, 08/01/2023 - 01:10
Curve CEO Michael Egorov pledged 34% of CRV’s total market cap to back loans across DeFi protocols. A forced liquidation would result in selling at a time when prices are already falling.