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

by Giorgi Kostiuk

2 years ago

Grant Proposal
Goals and Fund Usage
Fund Utilization Control

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.

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