The price of $CRV - the native token of #Curve Finance, has dropped by 30% as loans tied to Curve's founder face #liquidation risks.
This sharp decline in CRV's value is causing significant concerns within the market, as the potential liquidation of these loans could lead to further downward pressure on the token's price.
The situation highlights the interconnected nature of #DeFi platforms and the potential for cascading effects when large positions are at risk of liquidation.
