logo

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

By: theblockbeats.news|2025/12/15 13:46:00
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.

-- Price

--

You may also like

21Shares Enhances Crypto ETP Pricing with FTSE Partnership

Key Takeaways: 21Shares AG updates the pricing methodology for its Bitcoin and Ethereum-linked ETPs on the London Stock…

Alibaba AI Projects Crypto Value Surge for XRP, Bitcoin, and Ethereum by 2026

Key Takeaways: Alibaba’s AI predicts significant price increases for XRP, Bitcoin, and Ethereum by 2026’s end, driven by…

Ethereum USD Reclaims $2,200 Amidst Crypto Market Surge

Key Takeaways: Ethereum USD rebounds from $1,840 lows, reclaiming the $2,200 mark with a +19% recovery as of…

TRUMP Memecoin Investors Granted Exclusive Mar-a-Lago Invite

Key Takeaways: $TRUMP memecoin holders gain exclusive access to a Mar-a-Lago event featuring Donald Trump and other key…

Why Is Crypto Up: BTC USD Decoupling From Gold Amid Heated Israel-Iran Conflict

Key Takeaways: Bitcoin’s price recently hit $74,000, marking its highest close since February 2026 before slightly retracting to…

Trump Meme Coin Skyrockets 60% Post Mar-a-Lago Gala Promotion

Key Takeaways: TRUMP meme coin surged by 60% following the announcement of a gala event at Mar-a-Lago. Trading…

Popular coins

Latest Crypto News

06:42

The probability of the Federal Reserve keeping interest rates unchanged is 99.1%

According to Jinshi News, CME's "Fed Watch" shows that the probability of the Federal Reserve maintaining interest rates this week is 99.1%, and the probability of a 25 basis point rate cut is 0.9%. By April, the cumulative probability of a 25 basis point rate cut is 3%, the probability of maintaini...
05:42

Data: In the past 24 hours, the total liquidation across the network was 541 million USD, with long positions liquidated at 122 million USD and short positions liquidated at 419 million USD

According to Coinglass data, in the past 24 hours, the total liquidation across the network was $541 million, with long positions liquidated at $122 million and short positions liquidated at $419 million. Among them, Bitcoin long positions were liquidated at $39.6554 million, Bitcoin short positions...
05:42

The three major U.S. stock indices closed higher, with Micron Technology rising over 3%

According to Jinshi reports, U.S. stocks closed higher on Monday, with the Dow Jones Industrial Average initially up 0.8%, the S&P 500 index up 1%, and the Nasdaq up 1.2%. Micron Technology rose over 3%, SanDisk rose over 6%, and NVIDIA rose 1.7%. The Nasdaq Golden Dragon China Index closed up 0.96%...
05:42

The Dow Jones Industrial Average closed up 387.94 points, with both the S&P 500 and Nasdaq also rising

According to Jinshi reports, the Dow Jones Index closed up 387.94 points on March 16 (Monday), an increase of 0.83%, at 46,946.41 points; the S&P 500 Index rose 67.19 points, an increase of 1.01%, at 6,699.38 points; the Nasdaq Composite Index rose 268.82 points, an increase of 1.22%, at 22,374.18 p...
05:42

Data: 785.27 PAXG transferred to Paxos, valued at approximately 3.93 million USD

According to Arkham data, at 04:20, 785.27 PAXG (worth approximately 3.93 million USD) was transferred from Null Address to Paxos.
Read more
Community
iconiconiconiconiconiconicon

Customer Support Bot：@WEEX_support_smart_Bot

VIP Services：support@weex.com