Curve launches the CRV debt liquidation market, but it’s important to note that:


This is not about eliminating losses, nor is it a guaranteed repayment; it simply converts the debt into tradable on-chain assets, allowing the market to price them independently.
There are three options, each with risks:
• Immediate sale: may be at a discount, but ensures cash in hand
• Hold and wait: betting that the CRV price will rise to the repayment point
• Provide liquidity: earn fees but bear market volatility
$CRV needs to rise to $1.242 to fully cover bad debt, with some short-term uncertainty.
#Curve # CRV #DeFi风险 # on-chain governance
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