Is Crv worth investing in now? Practical sharing
$CRV The founder of Curve has previously sold 54.5 million CRV through OTC, in exchange for $21.8 million in funds to repay debts, etc. DWFLabs, Sun Ge, dcfgod, Maji Da Ge, Cream Finance and other bigwigs bought CRV from the founder of Curve at a price of $0.4, with a 6-month lock-up period.
My views are as follows (note that this does not constitute investment advice):
1. Curve is the leader in stablecoin dex trading.
2. Curve is the infrastructure of DeFi.
3. The previous problems of Curve were caused by hackers, not model problems or operators stealing from the company.
4. The previous hack of Curve did not fundamentally shake Curve's position in the industry, which can be seen from the bigwigs buying into the market.
5. CRV is oversold, the market is panicking, and the opportunity to sell has been lost.
6. The market has reached the historical bottom range, and the over-the-counter trading price of $0.4 can be considered a relatively fair cost line.
CRV is the cornerstone of the DeFi industry. If CRV falls, the DeFi industry will be declared dead.
CRV's token economics is well designed, and there is a mechanism to encourage users to pledge CRV tokens in the long term.
The project not only makes money, but also has dividends
Whether it is actual liquidation or liquidation through other means, one thing needs to be made clear: Michael Egorov provided 464 million CRV collateral, and the total loan amount is 110 million US dollars.
In other words, as long as 464 million CRV can be sold for 110 million US dollars, the problem can be solved. Then the question is: Are you willing to buy Curve at 0.24U?
I am willing to buy some, after all, the DeFi leader with a market value of 200 million US dollars is still fragrant.
As long as there are enough such buyers, Curve will not die. If 0.24 is expensive, what about 0.12? However, if the final equilibrium price is lower than 0.24, what will the entire market look like?
$CRV Communication Gavi 67678999
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