
PANews April 27 news, the Curve team released a proposal in the governance forum regarding approximately $700,000 bad debts generated in the CRV-long LlamaLend market on October 10, 2025, proposing a free-market recovery mechanism. This mechanism utilizes the option characteristics of the CRV-long vault assets: when the CRV price rises, the value of the vault assets increases, and when the price falls, it does not shrink further. The proposal suggests establishing a Curve stable pool with a low amplification coefficient (A=2) and high redemption fees (1%), concentrating the liquidity of the vault tokens around the approximately 71% solvency level. Arbitrageurs can purchase vault tokens through flash loans and profit from partial liquidation. Curve DAO is invited to approve incentive measures for this pool and will retain the management fees collected in the vault token form within the treasury. If this mechanism is successful, it will serve as a reference solution for similar situations.
免责声明:本文章仅代表作者个人观点,不代表本平台的立场和观点。本文章仅供信息分享,不构成对任何人的任何投资建议。用户与作者之间的任何争议,与本平台无关。如网页中刊载的文章或图片涉及侵权,请提供相关的权利证明和身份证明发送邮件到support@aicoin.com,本平台相关工作人员将会进行核查。