• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M

Curve Finance Founder’s Proposal: 21 Million CRV Grant for Swiss Stake

user avatar

by Giorgi Kostiuk

a year ago

  1. Grant Proposal
  2. Goals and Fund Usage
  3. Fund Utilization Control


    4. Curve Finance founder Michael Egorov recently published a proposal on the official governance site seeking funds for Swiss Stake AG, Curve’s development company.

    Grant Proposal

    Michael Egorov addressed CRV token holders requesting a grant of 21 million CRV (approximately $6.37 million). Currently, the community fund holds around 47,545,144 CRV tokens.

    Goals and Fund Usage

    The grant will be used exclusively for programs that significantly impact the Curve ecosystem, including research and development work. Swiss Stake AG has employed over 25 individuals or entities to carry out these tasks.

    Fund Utilization Control

    According to the proposal, the funds will be provided for one year, and the remaining funds will be invested in similar activities in the next year. Without Curve's consent, the fund cannot be used for other purposes.

    According to Egorov, this grant will contribute to the further development and strengthening of the Curve ecosystem, ensuring control and transparency in the utilization of funds.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

chest

Other news

Revenue Discrepancy Affects Solana Validators

chest

The Solana network generates an impressive $14 billion annually; however, this revenue does not adequately support its validators, leading to negative returns and concerns about decentralization.

user avatarDavid Robinson

LINK Remains Under Key Moving Averages Amid Weak Market Momentum

chest

LINK remains below its 200-day moving average, indicating weak momentum and low investor conviction in the current market.

user avatarZainab Kamara

Solana Validator Count Plummets Amid Financial Struggles

chest

The Solana network has seen a dramatic decline in its validator count, dropping from 2,500 to just 795 since March 2023 due to financial struggles faced by many operators.

user avatarSon Min-ho

New Wallets Withdraw $198 Million in LINK from Binance

chest

A total of 1,567 million Chainlink (LINK), valued at approximately $198 million, has been withdrawn from Binance by 11 newly created wallets over the last three days.

user avatarJacob Williams

AI and Automation's Dual Impact on Cardano's Future

chest

The rise of AI and automation in trading is significantly impacting Cardano's price momentum, with potential for future revival as market conditions stabilize.

user avatarNguyen Van Long

Investor Behavior Reflects Labor Market Trends Impacting Cardano

chest

Investor behavior in the Cardano market reflects labor market trends, with hesitance from both liquidity providers and buyers, leading to ongoing price pressure.

user avatarKofi Adjeman

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.