CRV price.. is one of lowest i have seen among other DeFi projects (and also CVX Convex)
However...this may change. I don't know any bullish news..
but CRV is a huge project (TVL = $1.87b): no 12 on DefiLlama.
Also if CRV starts to pump keep an eye on CVX ;)
Merry Xmas ! 🎄
However...this may change. I don't know any bullish news..
but CRV is a huge project (TVL = $1.87b): no 12 on DefiLlama.
Also if CRV starts to pump keep an eye on CVX ;)
Merry Xmas ! 🎄
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DEX Season is HERE ?>??
or this is another fake out ?
or this is another fake out ?
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keep HOLDING
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CURVE FINANCE CAPITULATION TD9- LAST HOPE ?! ?!
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Michael Egorov
@newmichwill
Was not planned, but fascinating how soft liquidations work on lend.curve.fi. There are docs at resources.curve.fi/crvusd/loan-details (same as for crvUSD).
The system showed a fantastic performance. This gave time for liquidators to prepare funds and OTC-liquidate the hacker's position.
As a result, the system has no hacker's funds left, no bad debts, everything operates well.
I didn't think that I will see this aspect tested by real life so soon, but it just appears that we have built something incredible.
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Michael Egorov
@newmichwill
Was not planned, but fascinating how soft liquidations work on lend.curve.fi. There are docs at resources.curve.fi/crvusd/loan-details (same as for crvUSD).
The system showed a fantastic performance. This gave time for liquidators to prepare funds and OTC-liquidate the hacker's position.
As a result, the system has no hacker's funds left, no bad debts, everything operates well.
I didn't think that I will see this aspect tested by real life so soon, but it just appears that we have built something incredible.
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Ultimate Bullish Scenario - Diamond Hands ♦️♦️♦️
Ultimate Bullish Scenario - Diamond Hands ♦️♦️♦️