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Curve Finance founder proposes $6.6 million token grant for ecosystem development
Breaking News from Mars Finance: According to Cointelegraph, Curve Finance founder Michael Egorov has proposed granting Swiss Stake AG 17.45 million CRV tokens (approximately $6.6 million) as a subsidy to support the ecosystem development and technological research of the lending protocol. The funds will sustain a core development team of 25 members and advance major upgrade plans by 2026, including the Llamalend v2 system and on-chain foreign exchange swap functionalities. Swiss Stake AG commits to using the funds for software development, infrastructure, security, and ecosystem support, and will submit a quarterly report on fund usage.