In the more immediate term, it's important to closely monitor the health of Michael's position. If he does default, expect a lot of other DeFi protocols to be negatively impacted.<br><br>DeFi prices as a whole (including $CRV) will likely take a huge hit in that scenario.
In the more immediate term, it's important to closely monitor the health of Michael's position. If he does default, expect a lot of other DeFi protocols to be negatively impacted.

DeFi prices as a whole (including $CRV) will likely take a huge hit in that scenario.