Curve founder: 93% of the CRV liquidation bad debts on the Curve lending platform have been repaid

ChainCatcher message, Curve founder Michael Egorov posted on X: "The Curve Finance team and I have been working hard today to address the liquidation risk issue. Many people know that all my loans have been liquidated. My position size was too large for the market to bear, resulting in $10 million in bad debt. Only the CRV pool on the Curve lending platform (lend.curve.fi) was affected. I have repaid 93% and plan to repay the remaining bad debt soon, which will help users avoid losses due to this situation."