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

Brasil Notícia Notícia

Curve Finance founder cuts debt to $42.7M, settles entire Aave loan
Brasil Últimas Notícias,Brasil Manchetes
  • 📰 Cointelegraph
  • ⏱ Reading Time:
  • 15 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 9%
  • Publisher: 51%

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.

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:

Cointelegraph /  🏆 562. in US

Brasil Últimas Notícias, Brasil Manchetes

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

Utah high school seniors left $42 million in free college aid on the table in 2022Utah high school seniors left $42 million in free college aid on the table in 2022Utah has the second lowest FAFSA completion rate in the country, meaning the state's high school seniors left $42 million of free Pell Grant money on the table in 2022.
Consulte Mais informação »

Curve founder Michael Egorov settles entire debt position on AaveCurve founder Michael Egorov settles entire debt position on AaveCurve founder Michael Egorov has settled his remaining debt position on the decentralized lending platform Aave, according to on-chain data.
Consulte Mais informação »

Borrowing on Ethereum: Comparing Architecture Evolution of MakerDAO, Yield, Aave, Compound, & EulerBorrowing on Ethereum: Comparing Architecture Evolution of MakerDAO, Yield, Aave, Compound, & EulerComprehensive overview of the key collateralized borrowing applications on Ethereum. Reusable approach to analyse other similar applications.
Consulte Mais informação »

Utah high school seniors are missing out on millions of dollars in free college aidUtah high school seniors are missing out on millions of dollars in free college aidUtah has the second lowest FAFSA completion rate in the country, meaning the state's high school seniors left $42 million of free Pell Grant money on the table in 2022.
Consulte Mais informação »

CRV Price Skyrockets and Curve's Michael Egorov Responds With $12 Million MasterstrokeCRV Price Skyrockets and Curve's Michael Egorov Responds With $12 Million MasterstrokeCRV shows bullish dynamics, and founder of protocol takes advantage of moment
Consulte Mais informação »

Japan Finance Minister warns markets as yen nears intervention danger zone By ReutersJapan Finance Minister warns markets as yen nears intervention danger zone By ReutersJapan Finance Minister warns markets as yen nears intervention danger zone
Consulte Mais informação »



Render Time: 2025-03-01 00:43:09