Michael Egorov is a notable figure in DeFi, recognized for founding Curve Finance and contributing to the development of decentralized stablecoin ecosystems.
Michael Egorov
Michael Egorov is a notable figure in DeFi, recognized for founding Curve Finance and contributing to the development of decentralized stablecoin ecosystems.
"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.
Curve Finance is launching Yield Basis with a $60M crvUSD credit line. The product aims to eliminate impermanent loss for liquidity providers, and at the same time transform CRV from a governance token into an income-generating asset with revenues shared back to holders
Curve Finance is launching Yield Basis with a $60M crvUSD credit line. The product aims to eliminate impermanent loss for liquidity providers, and at the same time transform CRV from a governance token into an income-generating asset with revenues shared back to holders
"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.
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.
