Curve Finance founder’s $100M debt could trigger a DeFi implosion: Report

by Aurelia Butler 1 August 2023, 21:00 169 Views

On Aug. 1, crypto research firm Delphi Digital published a Twitter thread detailing the loans taken by Curve Finance founder Michael Egorov that are backed by 47% of the circulating supply of Curve DAO (CRV). According to the research firm, Egorov has around $100 million in loans across various lending protocols backed by 427.5 million CRV.

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Source: Cryptocurrency - investing.com

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Curve Finance founder’s $100M debt could trigger a DeFi implosion: Report

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