Curve founder Michael Egorov is such an idiot 🔥
You put CRV worth 140 million US dollars on the chain for lending, which is equivalent to exposing your position exposure to the fangs of capital. Isn't this asking for a margin call?
Steps to buy and sell capital to make sure you make money:
1⃣️Borrow tens of millions of CRV at will;
2⃣️Open short positions with high leverage in futures;
3⃣️The spot market crashes and the founder's position is liquidated
4⃣️Close short positions at low levels and make a lot of money;
5⃣️The spot market takes over and breaks the loan, making another profit;
PS: Retail investors should take over at a low price of around 0.25. Please calculate it. The rebound is not small!
