Million

Coin

<ul class="news-points"> 
 <li><strong>Tron founder Justin Sun pledges support for struggling Curve Finance after $47 million exploit.</strong><strong></strong></li> 
 <li><strong>Joint efforts will introduce a liquidity pool using stUSDT on Curve.</strong></li> 
 <li><strong>Various institutions and investors also make significant OTC purchases of CRV tokens.</strong></li> 
</ul> 
<p>In the wake of Curve Finance’s recent $47 million exploit and subsequent token price plunge, Tron founder Justin Sun has announced his commitment to support the struggling DeFi platform. Sun’s declaration comes at a critical juncture for Curve, as the project faces potential liquidation threats and a plummeting native token, CRV.</p> 
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   <p lang="en" dir="ltr">Excited to assist Curve! As steadfast partners, we remain committed to providing support whenever needed. Our joint efforts will introduce an <a href="https://twitter.com/stusdt?ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">@stusdt</a> pool on Curve, amplifying user benefits. Together, we aim to empower the community and forge a decentralized finance!</p>— H.E. Justin Sun 孙宇晨 (@justinsuntron) <a href="https://twitter.com/justinsuntron/status/1686308662363697152?ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">August 1, 2023</a> 
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<p>Sun’s announcement of assistance to Curve Finance holds promise for the platform as it aims to recover from the recent exploit and strengthen its position in the <a href="https://coinedition.com/what-is-defi-lets-understand-decentralized-finance/" target="_blank" rel="noopener noreferrer nofollow">decentralized finance (DeFi) ecosystem</a>. The joint efforts between Tron and Curve are set to introdu…</p> 
<p>The post <a rel="noopener noreferrer nofollow" href="https://coinedition.com/tron-founder-steps-in-to-save-defi-platform-after-47-million-exploit/">Tron Founder Steps in to Save DeFi Platform After $47 Million Exploit</a> appeared first on <a rel="noopener noreferrer nofollow" href="https://coinedition.com">Coin Edition</a>.</p>

Tron Founder Steps in to Save DeFi Platform After $47 Million Exploit

Coin Edition

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