Curve founder has repaid more than $17 million in loans, still has nearly $90 million in loans

Data shows that Curve founder Michael Egorov has repaid more than $17 million in stablecoin loans, slightly improving the health of the loans. However, the DeFi founder still has a huge amount of debt to repay, including $60 million in Aave stablecoin loans, $12 million in Abracadabra stablecoin loans, and about $8 million in Inverse stablecoin loans. Curve founder Egorov also has a $9 million loan on Frax at an 85 percent interest rate. Jinse Finance previously reported that on August 1, Egorov sold 39.25 million CRV stablecoins to numerous DeFi investors including Justin Sun, Machi Big Brother, and DWF Labs, with a total value of $15.8 million. Buyers purchased CRV for $0.40 per token, 25% below the marke t price at the time.