TechFlow news, according to Lookonchain's Twitter update, due to a 16% drop in $CRV price, Curve’s founder deposited 38 million CRV (worth $24.5 million) into Aave, raising his health rate to 1.52. So far, he has deposited a total of 290 million $CRV (worth $187 million) into Aave and borrowed $71 million in stablecoins.
In response, dForce founder Mindao commented: "The Curve founder has deposited over 33% of the circulating supply of CRV into Aave and borrowed 71 million stablecoins—this poses significant risks to both the Curve and Aave ecosystems. As the market declines and liquidity drastically shrinks, these risks continue to grow. Moreover, since Aave V2 has no deposit cap, it's impossible to control collateral exposure; the only possible mitigation is increasing the borrowing cost for USDT. Furthermore, leveraging by pledging one’s own token may superficially appear cautious, but in reality, it's akin to诱导-style shorting—similar to 'arbitrage shorting' in China's A-share market."
