News Formal

Curve Finance founder cuts debt to $42.7M, settles entire Aave loan

  • 📰 Cointelegraph
  • ⏱ Reading Time:
  • 15 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 9%
  • Publisher: 51%

Portugal Notícia Notícia

Portugal Últimas Notícias,Portugal Manchetes

Curve Finance founder Michael Egorov has a collateral of 253.67 million CRV tokens worth $132.5 million.

According to Lookonchain, the Curve Finance founder currently has a total of 253.67 million CRV tokens in collateral and has a remaining debt of $42.7 million across four protocols, including Silo, Fraxlend, Inverse and Cream.

On Aug. 1, Egorov made headlines for his $100 million DeFi debt, as reports showed that further drops in the price of Curve DAO tokens could potentially trigger liquidations and . Seeing the risks, the Curve Finance founder made some moves to lower his debt and utilization rate back then.

 

Obrigado pelo seu comentário. Seu comentário será publicado após ser revisado.
Resumimos esta notícia para que você possa lê-la rapidamente. Se você se interessou pela notícia, pode ler o texto completo aqui. Consulte Mais informação:

 /  🏆 562. in PT

Portugal Últimas Notícias, Portugal Manchetes

Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.

Japan Finance Minister warns markets as yen nears intervention danger zone By ReutersJapan Finance Minister warns markets as yen nears intervention danger zone
Fonte: Investingcom - 🏆 450. / 53 Consulte Mais informação »