There's a risk of a black swan event in DeFi.
As per Defillama, if CRV drops below $0.37, there's 300M CRV to liquidate in Aave -most from Curve's founder
The problem? There's not a single Exchange or DeFi protocol where one can sell such a large CRV amount.
Risks explained 🧵
https://twitter.com/olimpiocrypto/status/1686129328659316738
Post #252
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