CRV war
Start: An address mortgaged 63M$ and lent 92M CRV in Aave, and then sold them continuously on CEX, pushing the price to 0.4$
The price has just rebounded to 0.63 and has reached the liquidation point. However, due to the delay of the oracle and the excessive position, and the USDC mortgage value still exceeds the CRV value, if the entire position is to be liquidated, it will take 10 minutes to a higher price. The address was 9M CRV and 5.5M USDC were liquidated
How to liquidate: When Aave cannot ensure that the lent stablecoin can be returned smoothly through the oracle price, liquidation will automatically destroy the lender’s aUSDC and Aave CRV (the certificates generated by mortgage and lending)