Curve DAO Token (CRV) recovering after founder repays debt amid liquidation crisis

Curve DAO (CRV) earlier today experienced a tumultuous period marked by significant liquidations and a steep price drop. This crisis resulted from a test of Curve Finance’s soft liquidation mechanism and was exacerbated by the extra large positions held by Michael Egorov, the founder of Curve Finance, resulting in a $10M bad debt. However, recent […] дальше »

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