Curve Founder’s $168M Stash Is Under Stress, Creating a Risk for DeFi as a Whole

Curve Founder’s $168M Stash Is Under Stress, Creating a Risk for DeFi as a Whole Curve CEO Michael Egorov pledged 34% of CRV’s total market cap to back loans across DeFi protocols. A forced liquidation would result in selling at a time when prices are already falling.