Researcher 0xLoki warns that Michael Egorov, the founder of Curve, is facing liquidation risk again for his CRV debt vault. He borrowed over $54 million across six lending platforms, with the collateral and remaining assets mainly being Curve. The safety factors of the six debt vaults are between 1.29-2.29. If the CRV price drops another 23%, or 0.36U, it will trigger liquidation. Among them, the lowest safety factor is in Frax Lending, with a current borrowing interest rate of 35%. If the utilization rate continues to increase, Frax Lending may once again open up high-interest loan mode, accelerating the occurrence of liquidation. In this loan, Michael mortgaged 39 million CRV and borrowed 17 million Frax, with the past 24-hour CRV trading rate on Binance being 10.9 million.

Curve Finance announced on social media that a two-month distribution proposal is about to be launched. 3.5 million ARB tokens sound exciting, but we will not invest all at once. Instead, we will continue to invest in a linear manner for two months.

ZetaChain, an EVM-compatible L1 project, announced on X platform that Curve Finance will integrate with ZetaChain to provide native BTC support for cross-chain exchanges and full-chain asset pools.

Curve is represented on X, the crvUSD pool has been launched on Arbitrum, and Gauge voting is in progress.

According to Lookonchain monitoring, Curve founder Michael Egorov deposited 18.5 million CRV into Binance half an hour ago, worth approximately $11.4 million.

The proposal from the Aave community to transfer approximately 6.11 million CRV positions from the Ethereum mainnet collector to GLC Safe has been unanimously approved. The specific details include: transferring all available CRV from Aave's mainnet treasury to GHO Liquidity Committee (GLC) SAFE and deploying it to sdCRV. After implementing this AIP, CRV will be withdrawn from Aave protocol (V2 and V3) on the Ethereum mainnet and all new available CRV will be transferred to GLC SAFE.

On December 22, Curve Finance announced that the voting results for the Vyper security incident fund recovery have been executed, covering all affected users. The specific compensation includes: distribution of the 7.2 million USD worth of ETH recovered by white hat hackers to the DAO; compensation of the unrecovered portion of the 42 million USD worth of CRV; and recovery of funds from other white hat hackers who received them prior to the vote.

On December 13th, the Curve ecological liquidity platform, Conic Finance, announced its plan to deploy its upgraded version (v2) on Tuesday.

Curve Finance announced that its stablecoin cryUSD has re-anchored its price. This is the first time cryUSD has re-anchored to $1 since it became unanchored in early November.

On December 5th, Convex Finance initiated a community proposal vote to add liquidity pools for PayPal's stablecoin PYUSD and USDC on Curve. The vote will end on December 8th and currently has a 100% approval rate.