Curve Founder Proposes Market-Driven Solution to Address $700,000 Bad Debt
Curve's founder, Michael Egorov, has introduced a market-based solution to tackle 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,' which would allow participants to invest in the recovery efforts. This approach invites, but does not require, the involv…
April 27, 2026, 4:38 p.m.