🔥$CRV
On December 15th, Curve Finance founder Michael Egorov proposed allocating 17.45 million CRV tokens to Swiss Stake AG—Curve’s development firm—to support ecosystem building, technical research, and the ongoing growth of its lending protocols. Based on current prices, the funding is worth roughly $6.6 million; Curve had previously awarded a similar grant to the firm ahead of the end of 2024. Egorov posted on Curve DAO’s governance forum that the funds will go toward software development, infrastructure and security upgrades, and supporting Swiss Stake AG’s core team of about 25 contributors. Planned objectives include: launching and scaling the new Llamalend lending system, building on-chain forex functionality, and optimizing Curve’s user interface and cross-chain capabilities. Per the proposal, relevant research findings will be released under a license compatible with Curve’s open-source codebase. If approved, Swiss Stake AG may stake some CRV to earn rewards, but it must strictly use the tokens for the proposal’s outlined purposes and commit to disclosing fund usage every six months. Egorov noted that while Swiss Stake AG has generated revenue from Curve Lite deployments and veCRV staking, it still relies on community support overall. This grant aims to secure the team’s operations and push the Curve ecosystem toward long-term sustainability.$CRV