Curve Founder Proposes Allocating 17.45 Million CRV for Research and Team Support

By: theblockbeats.news|2025/12/15 13:48:46
0
Share
copy

BlockBeats News, December 15th, Curve Finance founder Michael Egorov proposed to allocate 17.45 million CRV tokens to Curve's development company Swiss Stake AG to support ecosystem building, technical research, and the continuous development of lending protocols. Based on the current price, the funding is worth approximately $6.6 million, with Curve having previously granted a similar grant to the company by the end of 2024.


Egorov posted on the Curve DAO governance forum stating that the funds will be used for software development, infrastructure and security development, and to support Swiss Stake AG's core team of around 25 contributors. Planned objectives include: launching and expanding the new version of the lending system Llamalend, developing on-chain forex capabilities, and optimizing Curve's user interface and cross-chain capabilities.


According to the proposal, the relevant research results will be released in a form compatible with the Curve codebase's open-source license. If the proposal is approved, Swiss Stake AG may stake some CRV to earn rewards, but it must be strictly used for the purposes outlined in the proposal, and they must commit to disclosing fund usage every six months.

Egorov stated that although Swiss Stake AG has earned some income through Curve Lite deployment and veCRV staking, they still rely on community support overall. This grant aims to secure the team's operations and drive the Curve ecosystem towards long-term sustainability.

You may also like

Will the STRC issuance price discussed with ChatGPT really fall into a death spiral?

Whether this mechanism is a "stabilizer" or an "accelerator" lies in the upcoming prices and interest rates.

TRON revitalizes the image of the bull, creating a more approachable brand character

From Logo to BoNiu, TRON further enhances its brand visual assets.

How to Trade Apple and Nvidia on a Crypto Exchange in 2026 (Without Buying Shares)

What are Apple and Nvidia stock futures, and why are crypto traders paying attention? Learn how to trade stock futures with USDT, how they differ from buying stocks, and why platforms like WEEX are expanding beyond Bitcoin in 2026.

Exclusive Interview with Strategy CEO: Putting Aside the Sale of 32 BTC, the 60 Trillion AI Intelligence is the Ultimate Fate of Bitcoin

Strategy CEO responds for the first time to the controversy over the sale of 32 bitcoins: testing internal processes and breaking the "death spiral" rhetoric, maintaining long-term holding faith, and revealing how the 60 trillion AI intelligence will reshape the bitcoin trading landscape.

Morning Report | The South Korean Financial Services Commission plans to expand the regulatory sandbox to include virtual assets; the parent company of the New York Stock Exchange, ICE, has reached a partnership with OKX to jointly establish a cryptocu...

Overview of Important Market Events on June 22

Morning Report | Secret Network loses $4.67 million due to cross-chain vulnerability; Michael Saylor releases Bitcoin Tracker information again, may disclose increased holdings data next week

Overview of Important Market Events on June 21

Popular coins

Latest Crypto News

Read more
iconiconiconiconiconiconicon
Customer Support:@weikecs
Business Cooperation:@weikecs
Quant Trading & MM:bd@weex.com
VIP Program:support@weex.com