Curve Founder Proposes Market-Driven Solution for $700,000 in Troubled Debt, Diverging from Aave's Bailout Approach
Curve's founder, Michael Egorov, has put forth a market-driven solution to address approximately $700,000 in bad debt associated with LlamaLend, Curve's lending platform.
In a governance post, Egorov outlined a free-market-based method of recovery, characterized by an option-like payoff, which would function as an investment opportunity for all participants. He emphasized that Curve DAO is invi…
April 27, 2026, 4:38 p.m.