🚨🚨🚨Curve founder's position was liquidated
👀👀👀DeFi's top project is now being criticized by netizens for its low coin price
Curve founder Michael Egorov's multiple CRV lending positions have begun to be liquidated. At present, Egorov's CRV lending positions on multiple platforms have fallen below the liquidation line, and some CRV in his main address on Inverse Finance are being liquidated.
To be honest, the CRV project was also the number one innovative DeFi project back then. Now the coin price has continued to hit new lows, and the founder's large position has been liquidated. It has to be said that it has something to do with the team's own lack of effort and inaction. It feels like a deliberate mentality of playing badly.
The worst thing is that Wu Jihan also bought CRV at the bottom last year, and now he is deeply trapped. If Wu Jihan does nothing and changes CRV governance, it feels like this project is over.