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CoinOtag 2024-06-13 10:11:52

Curve DAO (CRV) Founder Faces Major Liquidation Risk as Token Price Plummets

Curve Finance’s founder is facing significant liquidation risks. The plummeting price of Curve DAO (CRV) tokens has jeopardized Michael Egorov’s positions. “Egorov currently has collateral in the form of 111.87 million CRV (valuing about $33.87 million) and owes $20.6 million across four platforms,” stated blockchain analytics firm Lookonchain. A deep dive into the unfolding liquidation

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