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CoinOtag
2024-06-29 18:09:49

Michael Egorov Sells $30M in CRV Tokens, Proposes 10% Burn for Price Stabilization

Michael Egorov Sells $30M in CRV Tokens, Proposes 10% Burn for Price Stabilization

Michael Egorov, the founder of Curve Finance, has made significant maneuvers to stabilize the market by selling $30 million in CRV tokens. This transaction also includes a proposal to burn 10% of the token’s total supply. This strategic approach aims to mitigate potential market instability and bolster investor confidence. Michael Egorov seeks to stabilize Curve

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