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Founder of dForce: The Founder of Curve Mortgages a Large Amount of CRV and Borrows Stable Coins, Which Is Extremely Risky

Mindao, the founder of dForce, said in a post, “The founder of Curve has deposited more than 33CRV coins in Aave and borrowed 71 million stable coins. This is a great risk to Curve’s ecology and Aave. The risk is intensifying. AaveV2 has no deposit limit, which makes it impossible to control the collateral exposure. The only thing that can be done is to increase the cost of USDT borrowing. Mortgaging your own currency for leverage seems to be a reluctance to sell, but it is actually a kind of tempting short.

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