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Curve Founder Proposes Donation of $17 Million CRV Funds for Research Team
Summary: According to reports, Curve Finance founder Michael Egorov proposed a plan at the Curve DAO governance forum to allocate 17.45 million CRV tokens (worth approximately $6.6 million) as funding to support its affiliated company Swiss Stake AG for ecosystem growth, research, and technology development. The funds will be used to support a series of technical ...
According to reports, Curve Finance founder Michael Egorov proposed a plan at the Curve DAO governance forum to allocate 17.45 million CRV tokens (worth approximately $6.6 million) as funding to support its affiliated company Swiss Stake AG for ecosystem growth, research, and technology development. The funds will be used to support a series of technical and security enhancements for the Curve lending protocol and maintain its team of 25 contributors. Swiss Stake AG aims for 2026 to launch and expand a new version of its lending system Llamalend, create on-chain forex exchange, and improve Curve's user interface. If approved, Swiss Stake AG can stake some CRV to generate additional revenue, but its IP will be released under an open-source license compatible with the Curve software repository.
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Link: Curve Founder Proposes Donation of $17 Million CRV Funds for Research Team [Copy]
