🚀Curve's founder, Michael Egorov, has cleared up his $10M debt, a result of a hacking attempt that led to soft liquidations. Egorov's positions were too hot to handle, causing a debt crisis. But fear not, he's already paid back 93%!💸

The hack saw a 28% drop in Curve's token, CRV. Egorov's solution? Burn 10% of CRV tokens, worth a cool $37M, to stabilize the price. Talk about a hot fix! 🔥

Despite the drama, Egorov praises LLAMMA's soft liquidation mechanism, which worked as intended, eroding the hacker's funds and preparing for liquidation.

So, what's your take on this rollercoaster ride? Share your thoughts below! 👇🎢