Curve founder pitches market-based fix for $700K bad debt in contrast to Aave bailout
Curve founder Michael Egorov has proposed a market-based fix for about $700,000 of bad debt tied to LlamaLend, Curve’s lending platform. “I propose a free-market based method of recovery with option-like payoff, working as an investment for everyone who wants to participate in the effort,” Egorov wrote in the governance post, adding that Curve DAO…