Curve Deploys Loan Agreement, Founder Egorov: Want to Liquidate Me? Bring It On.
Curve founder Michael Egorov has faced criticism from the community for frequently being on the verge of liquidation due to his extensive borrowing of stablecoins using the platform’s native token, CRV. This has even led to targeted attacks on the price of CRV. In response to this, Egorov has launched a new product and boldly stated, “Want to liquidate me? Bring it on!” He showcased a borrowing position on the new contract and hopes that this will attract more participants to Curve’s lending market.