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, the platform's lending arm.
Egorov suggested a free-market based recovery method with an option-like payoff, functioning as an investment opportunity for all participants, in a governance post, stating that Curve DAO is 'invited but not required.'
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April 27, 2026, 4:38 p.m.