Cryptocurrency27 Apr 2026SEO 801 min read

Analysis: Curve founder pitches market-based fix for $700K bad debt in contrast to Aave b…

The plan allows trapped lenders to sell tokenized claims on deposits, offering buyers an option-like bet on CRV's recovery. Curve founder Michael Egorov p…

The plan allows trapped lenders to sell tokenized claims on deposits, offering buyers an option-like bet on CRV's recovery. Curve founder Michael Egorov proposed a market-based fix for $700K in bad debt on LlamaLend by creating a pool for discounted claims. The plan allows trapped lenders to sell tokenized claims on deposits, offering buyers an option-like bet on CRV's recovery. This approach contrasts with the recent $230M Aave bad debt incident, which required a coordinated industry…

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AnalysisCurvefounderpitchesmarketbasedfixfor700K