• 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

2 years 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

Solana's Quantum Readiness Strategy Under Scrutiny

chest

Solana's quantum readiness strategy is under scrutiny following Anatoly Yakovenko's comments on the need for a multi-scheme approach to enhance security against AI threats.

user avatarLeo van der Veen

South Korean Exchanges Win Temporary Relief from Regulatory Sanctions

chest

Three major South Korean crypto exchanges, Upbit, Bithumb, and Coinone, have secured temporary court relief from sanctions related to existing anti-money laundering requirements.

user avatarLi Weicheng

Anatoly Yakovenko Raises Concerns Over AI's Impact on Post-Quantum Cryptography

chest

Solana cofounder Anatoly Yakovenko warns that AI could expose vulnerabilities in post-quantum signature schemes, emphasizing the need for a robust security design.

user avatarMaya Lundqvist

DAXA Challenges New Anti-Money Laundering Regulations in South Korea

chest

DAXA opposes proposed changes to South Korea's anti-money laundering regulations, citing concerns over excessive reporting requirements.

user avatarAisha Farooq

MoneyGram's Stablecoin Service Expands to Colombia and El Salvador

chest

MoneyGram has launched its stablecoin service in Colombia and expanded to El Salvador, providing financial solutions for underserved markets in Latin America.

user avatarTenzin Dorje

Stellar Network Surpasses 1 Billion in Real-World Assets

chest

The Stellar network has crossed the 1 billion mark in real-world assets, indicating significant growth and momentum.

user avatarBayarjavkhlan Ganbaatar

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.