Latest Articles
4 Articles
Michael Egorov is a notable figure in DeFi, recognized for founding Curve Finance and contributing to the development of decentralized stablecoin ecosystems.
Michael Egorov is a notable figure in DeFi, recognized for founding Curve Finance and contributing to the development of decentralized stablecoin ecosystems.
Despite this, the founder managed to salvage nearly $100 million from his $140 million in $CRV collateral.
A number of high-profile crypto figures have stepped in to buy Curve.fi founder Michael Egorov’s CRV tokens at a discount, to avoid the potential liquidation of $100 million worth of DeFi loans secured against them.
"The request for funding requests roughly ~50% of the [Curve's] community fund. This is an extreme concern around sustainability for the ecosystem and growth initiatives overall," one critic says.
Observers"The request for funding requests roughly ~50% of the [Curve's] community fund. This is an extreme concern around sustainability for the ecosystem and growth initiatives overall," one critic says.
ObserversDespite this, the founder managed to salvage nearly $100 million from his $140 million in $CRV collateral.
Alexander MardarA number of high-profile crypto figures have stepped in to buy Curve.fi founder Michael Egorov’s CRV tokens at a discount, to avoid the potential liquidation of $100 million worth of DeFi loans secured against them.
Jack MartinAutomatic crypto exchange Curve was hacked and $50 million stolen. DeFi markets are experiencing massive volatility.
Alex Harutunian