Curve’s founder sells 7.5 million CRV, settles $3 million debt on Aave
Michael Egorov, the founder of Curve, has sold an additional 7.5 million CRV via an over-the-counter (OTC) transaction and paid a $3 million debt in USDT on Aave, a decentralized lending platform on Ethereum. CRV is the native token of Curve, the stablecoin decentralized exchange. Michael Egorov sold another 7.5M $CRV via OTC and repaid 3M $USDT on #Aave just now. He currently has $82.6M in debt: 51.24M $USDT on #Aave; 12M $MIM on #Abracadabra; 9.19M $FRAX on #Fraxlend; 9.4 M $DOLA on #Inverse; 740K $XAI on #Silo.https://t.co/GBHVXzFuUx pic.twitter.com/LrNHOpPTRn — Lookonchain (@lookonchain) August 2, 2023 Egorov still owes $82.6 million , spread across different platforms: $51.24 million in USDT on Aave, $12 million in MIM on Abracadabra, 9.19 million in FRAX on Fraxlend, $9.4 million in DOLA on Inverse, and 740,000 XAI on Silo. You might also like: Aave deploys DAI stablecoin competitor on Ethereum Curve founder has more debt to pay Lookonchain data also ...
