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Curve founder proposes to raise 17.45 million CRV to support R&D and technical upgrades
According to sources from HashChain, Curve founder Michael Egorov submitted a proposal to the DAO, requesting 17.45 million CRV (approximately $6.6 million) as development funding. This funding will be managed by Swiss Stake AG, the entity behind Curve. The funds will be used to support a core team of 25 members in developing upgrades for 2026, including Llamalend v2 and on-chain foreign exchange exchange features, and to release all R&D results under an open-source license. If the proposal is approved, the company may also use some of the CRV for staking gains.
$CRV #Cryptocurrency #Blockchain #DAO #Curve #OpenSource