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Curve founder deposited 16 million CRV to Aave and Abracadabra 5 hours ago.
2023-07-31 01:32:57
Odaily News: On-chain data shows that the founder of Curve deposited 16 million CRV into Aave V2 and Abracadabra about 5 hours ago, aiming to improve its lending health metric.



About 6 hours ago, he borrowed approximately 3.76 million FRAX from Fraxlend and used it to repay the loan on Aave V2. Subsequently, he gradually repaid a total of over 4.623 million USDT loans on Aave V2.



According to previous reports, the alETH/ETH, msETH/ETH, pETH/ETH, and CRV/ETH pools on Curve were attacked due to a recursive lock vulnerability in certain versions of Vyper (0.2.15, 0.2.16, and 0.3.0).



The impact of the attack may lead to a downward price trend for CRV, potentially resulting in the liquidation of the founder's $70 million loan position on Aave.
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