$131M worth of $CRV is at risk of liquidation if the price drops by 35%.
The Curve Founder has borrowed $110M in stablecoins against all his $CRV - 50% of the circulating supply.
This could have severe implications for DeFi, with lending protocols at risk of accruing bad debt
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
$131M worth of $CRV is at risk of liquidation if the price drops by 35%.
The Curve Founder has borrowed $110M in stablecoins against all his $CRV - 50% of the circulating supply.
This could have severe implications for DeFi, with lending protocols at risk of accruing bad debt