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Curve founder stated that the CRV liquidation price in various lending agreements is around $0.4.
2023-07-31 02:26:44
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.