Curve founder stated that the CRV liquidation price in various lending agreements is around $0.4.
2023-07-31 02:26
Odaily News: Encryption researcher 0xLoki tweeted that Curve founder Michael Egorov currently has collateralized 292 million CRV tokens ($181 million) and borrowed $110 million worth of tokens. The details of the four major loans are as follows:
1. Collateralized 190 million CRV on Aave, borrowed $65 million, liquidation price $0.37.
2. Collateralized 46 million CRV on FRAXlend, borrowed 21 million FRAX, liquidation price $0.4.
3. Deposited 40 million CRV on Abracadabr, borrowed $18 million, liquidation price $0.39.
4. Deposited 16 million CRV on Inverse, borrowed $7 million, liquidation price $0.4.
Egorov's recent actions in the past 6 hours: 1) Deposited an additional collateral of around 10 million CRV on Aave and Abracadabra each. 2) Made several loan repayments in the range of several hundred thousand dollars.
1. Collateralized 190 million CRV on Aave, borrowed $65 million, liquidation price $0.37.
2. Collateralized 46 million CRV on FRAXlend, borrowed 21 million FRAX, liquidation price $0.4.
3. Deposited 40 million CRV on Abracadabr, borrowed $18 million, liquidation price $0.39.
4. Deposited 16 million CRV on Inverse, borrowed $7 million, liquidation price $0.4.
Egorov's recent actions in the past 6 hours: 1) Deposited an additional collateral of around 10 million CRV on Aave and Abracadabra each. 2) Made several loan repayments in the range of several hundred thousand dollars.
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