<p>The post <a rel="noopener noreferrer nofollow" href="https://coinpedia.org/crypto-live-news/abracadabra-offers-curves-founder-a-200-interest-rate-on-18-million/">Abracadabra offers Curve’s Founder a 200% Interest Rate on $18 Million!</a> appeared first on <a rel="noopener noreferrer nofollow" href="https://coinpedia.org">Coinpedia Fintech News</a></p> 
<p>DeFi protocol, Abracadabra, will offer Curve Founder, Michael Egorov, a 200% interest rate for an $18 million loan to reduce the liquidity risk associated with Curve’s CRV token. The loan will be used to acquire and hold CRV tokens as collateral, reducing the token’s overall supply in circulation and increasing its value. This move aims to make DeFi more stable and secure, attracting more investors and institutions. The loan will also provide Egorov with an attractive return on his investment. DeFi continues to show promise as a viable alternative to traditional finance.</p>

Abracadabra offers Curve’s Founder a 200% Interest Rate on $18 Million!

CoinPedia News

Otros artículos publicados el 2 ago 2023

Bitcoin briefly touches $30k amid whale transactions

RFK Jr. Questions Bitcoin Environmental Concerns

Tokenisasi Real Asset Bisa Perkuat Adopsi Crypto

Bitcoin Addresses in Loss Just Marked New One-Month High

Uniswap (UNI) Price Accumulates From Bottom; Surging Toward $7.00

FTX 2.0 Would Be Worse Than Starting From Scratch, Kraken's Jesse Powell Says

¡Únete a nuestro boletín gratuito para recibir actualizaciones diarias de criptografía!