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Curve founder proposes funding 17.45 million CRVs for R & D and team support

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2025-12-15 05:39:35
Curve Finance founder Michael Egorov is proposing to allocate 17.45 million CRV tokens to Curve development company Swiss Stake AG to support ecological construction, technology research and development, and the continued development of loan agreements. At current prices, the grant is worth about $6.60 million, following a similar grant from Curve in late 2024.
Egorov wrote in the Curve DAO Governance Forum that the funds will be used for software development, infrastructure and security construction, and to support the core contribution team of about 25 people at Swiss Stake AG. The planning goals include: launching and expanding the new lending system Llamalend, developing on-chain foreign exchange capabilities, and optimizing Curve's user interface and cross-chain capabilities.
According to the proposal, the relevant research and development results will be released in the form of an open-source license compatible with the Curve codebase. If the proposal is approved, Swiss Stake AG can pledge part of the CRV for revenue, but it must be used strictly for the purposes listed in the proposal, and promises to disclose the use of funds every six months.
Egorov said that although Swiss Stake AG has received some revenue through the deployment of Curve Lite and the veCRV pledge, it still relies on community support as a whole. This grant is designed to ensure the operation of the team and promote the development of Curve's ecosystem towards long-term self-sufficiency.
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