• 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

Analysts Predict Potential Bitcoin Breakthrough Amidst Current Stagnation

chest

Analysts suggest that Bitcoin could aim for higher targets if it consistently breaches key resistance levels, despite current market fears.

user avatarNguyen Van Long

Poland's Government Pushes for Crypto Legislation Reconsideration

chest

The Polish government is urging President Karol Nawrocki to sign a previously vetoed cryptocurrency bill, now framed as a national security issue.

user avatarKofi Adjeman

Polkadot Faces Short-Term Pressure with Price Decline

chest

Polkadot's DOT token has experienced a nearly 10% drop in price amid active market participation.

user avatarSatoshi Nakamura

Hyperliquid Experiences Minor Pullback Amid Active Trading

chest

Hyperliquid's token HYPE has seen a 26% decline in price, despite strong trading activity and yearly gains.

user avatarJesper Sørensen

Mantra CEO Urges OM Holders to Withdraw from OKX Amid Migration Confusion

chest

Mantra's CEO advises users to withdraw OM tokens from OKX due to inaccuracies in migration announcement.

user avatarRajesh Kumar

Concerns Arise Over Pepe Token's Launch Narrative

chest

Concerns arise over the launch narrative of the Pepe token, as analysis reveals that nearly 30% of its initial supply was held by a single entity, contradicting its branding as a 'coin for the people'.

user avatarLucas Weissmann

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.