Curve founder pitches market-based fix for $700K bad debt in contrast to Aave bailout

Curve founder pitches market-based fix for $700K bad debt in contrast to Aave bailout

Search/NewsVideoPricesResearchConsensus 2026Data & IndicesSponsoredSearch/enMarketsShareShare this articleCopy linkX iconX (Twitter)LinkedInFacebookEmailCurve founder pitches market-based fix for $700K bad debt in contrast to Aave bailoutThe plan allows trapped lenders to sell tokenized claims on deposits, offering buyers an option-like bet on CRV's recovery.By Francisco Rodrigues|Edited by Jamie Crawley Apr 27, 2026, 4:38 p.m. Make preferred on What to know: 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 bailout effort.Curve founder Michael Egorov has proposed a market-based

Source: https://www.coindesk.com/markets/2026/04/27/curve-founder-pitches-market-based-fix-for-usd700k-bad-debt-in-contrast-to-aave-bailout