Curve founder Michael Egorov is such an idiot š„
You put CRV worth 140 million US dollars on the chain for lending, which is equivalent to exposing your position exposure to the fangs of capital. Isn't this asking for a margin call?
Steps to buy and sell capital to make sure you make money:
1ā£ļøBorrow tens of millions of CRV at will;
2ā£ļøOpen short positions with high leverage in futures;
3ā£ļøThe spot market crashes and the founder's position is liquidated
4ā£ļøClose short positions at low levels and make a lot of money;
5ā£ļøThe spot market takes over and breaks the loan, making another profit;
PS: Retail investors should take over at a low price of around 0.25. Please calculate it. The rebound is not small!
$CRV $CVX $BTC #eth#crv#ens#btcname#did#name#loan
#lend #BTCā