Curve Founder Michael Egorov Settles $35.3 Million Debt Position on Aave
Curve founder Michael Egorov has settled his debt position on Aave by depositing 68 million CRV ($35.3 million) to Silo and borrowing 10.8 million crvUSD. He then repaid his debt by swapping crvUSD for USDT and repaying his entire debt position on Aave. Egorov still has remaining debt positions across four other DeFi protocols.
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Curve Founder Michael Egorov Settles $35.3 Million Debt Position on Aave
Curve founder Michael Egorov has settled his debt position on Aave by depositing 68 million CRV ($35.3 million) to Silo and borrowing 10.8 million crvUSD. He then repaid his debt by swapping crvUSD for USDT and repaying his entire debt position on Aave. Egorov still has remaining debt positions across four other DeFi protocols.