Important DeFi News A risk of liquidation looms over $131M worth of $CRV if the price falls by 35%. Curve's founder had previously borrowed $110M in stablecoins against his entire holdings, which account for 50% of the circulating supply. A potential liquidation could lead to bad debt for lending protocols like Aave and FraxLend
An Ape's Prologue Weekly (15 June)
An Ape's Prologue Weekly (15 June)
An Ape's Prologue Weekly (15 June)
Important DeFi News A risk of liquidation looms over $131M worth of $CRV if the price falls by 35%. Curve's founder had previously borrowed $110M in stablecoins against his entire holdings, which account for 50% of the circulating supply. A potential liquidation could lead to bad debt for lending protocols like Aave and FraxLend