💰Curve Founder Raises $44M From OTC Sales

Together with

GM Defiers!

Happy Friday! The DeFi community is breathing easier after Curve founder Michael Egorov paid down a large portion of his debt, reducing the risk of liquidations and bad debt across major lending protocols.

On another front, the rapid ascent of FDUSD, following its listing on Binance, showcases the ripple effect major exchanges can exert over token dynamics. Meanwhile, MetaMask has enhanced its Portfolio app to offer staking for Ether and MATIC.

✍️ In today’s newsletter:

Curve founder pays down DeFi debt after CRV sales
DeFi lending protocols mull options to reduce CRV risk
HK-based FDUSD jumps to $260M market cap
MetaMask launches staking feature

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