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In 2023,an exploit of several Curve lending poolscaused CRV prices to suddenly dump – putting over $100 million at risk of being liquidated.At the time, DeFi bigwigs such asTron founder Justin Sun stepped in to supply liquidityand prevent bad debt, acquiring millions in CRV at a discount to prevent the risk of collateral damage across the crypto ecosystem.Shaurya is the Co-Leader of the CoinDesk tokens and data team in Asia with a focus on crypto derivatives, DeFi, market microstructure, and protocol analysis.
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