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TechFlow reports, Curve founder Michael Egorov posted a tweet stating that he and the Curve Finance team have been working hard to resolve the liquidation risk issue that occurred today. His overly large position caused $10 million in bad debt, but he has already repaid 93% and intends to repay the remaining portion soon to help users out of this situation.
Curve founder Michael Egorov posted a tweet stating that he and the Curve Finance team have been working hard to address the liquidation risk issue that occurred today. His overly large position caused $10 million in bad debt, but he has already repaid 93% and intends to repay the remaining portion soon, to help users out of this situation.
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