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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 ...

Analysis of Degen Zoo: $20,000 for 30 days of development, DAOMaker's founder "go into business" himself

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Author: @0xMavWisdom Note: This article is for information sharing only and does not endorse the project and is not intended as any investment advice. The development of an animal NFT game called Degen Zoo, a hackathon like game with a gimmick of completing a game in 30 days and daily updates on social media platforms, has recently received community attention. Degen Zoo has attracted over 20,000 Twitter followers and over 10,000 people have joined the official Telegram as members in less than 30 days. Built by the likes of DAOMaker founder Chris Zaknun and former MakerDAO development engineer, the game will be develop ed on an ultra-low budget of just $20,000 and is scheduled to be completed in just 30 days. Inspired by the CryptoZoo NFT scam, the Degen Zoo project hopes to prove the incompetence of CryptoZoo founder Logan Paul and satirise such metaverse gaming scams that defraud investors by building the game with little money and little time. In addition, as a charity game NFT,...