Curve Founder Proposes Market-Driven Solution for $700,000 in Troubled Debt, Diverging from Aave's Bailout Approach
Curve's Michael Egorov has introduced a market-driven method to address approximately $700,000 in bad debt associated with LlamaLend, the platform's lending arm.
In a governance post, Egorov outlined a 'free-market based method of recovery with option-like payoff,' inviting Curve DAO to participate but not requiring its involvement.
The bad debt stems from LlamaLend's CRV-long market, which a…
April 27, 2026, 4:38 p.m.