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TechFlow news, Arthur, founder of DeFiance Capital, posted a tweet stating that regardless of which OTC desk facilitated the transaction, a 20% spread is an extremely favorable deal assuming no lock-up. Given Curve founder Michael Egorov's urgent need for liquidity, this is a win-win outcome for both parties.
0xsifu, former CFO of Frog Nation, added that the CRV sold by the Curve founder today via OTC comes with a six-month lock-up period.
Arthur, founder of DeFiance Capital, posted a tweet stating that regardless of which OTC desk facilitated the transaction, a 20% spread is an extremely favorable deal assuming no lock-up. Given that Curve founder Michael Egorov urgently needed liquidity, this outcome is a win-win for both parties. 0xsifu, former CFO of Frog Nation, added that the CRV sold by the Curve founder today via OTC comes with a six-month lock-up period.
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