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Curve Founder?s $168M Stash Is Under Stress, Creating a Risk for DeFi as a Whole

Posted on 08/01/2023

Curve Founder?s $168M Stash Is Under Stress, Creating a Risk for DeFi as a Whole

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.

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