$6.6 Million Proposal Aims to Strengthen Curve’s Lending Ecosystem and Developer Team
Curve Finance founder Michael Egorov has submitted a governance proposal requesting a 17.45 million CRV token grant, valued at roughly $6.6 million, to support long term research deve lopment and infrastructure for the Curve ecosystem. The funding is intended to sustain a 25-person core development team and deliver major protocol upgrades planned for 2026.
The proposal outlines that the grant would be allocated to Swiss Stake AG, the organization responsible for Curve’s core development. According to the plan the funds would cover software research security audits, infrastructure costs, and ecosystem support, ensuring continuity of development for Curve’s smart contract framework.
Among the key goals highlighted are the launch and scaling of Llamalend v2, development of an onchain foreign exchange swap, and significant user interface improvements. The proposal also emphasizes expanding crosschain functionality and strengthening Curve DAOs governance and operational tools.
All intellectual property produced using the grant would be released under an open-source license compatible with Curve’s repositories. Swiss Stake AG would also provide bi-annual spending reports to maintain transparency. While the firm generates some income through CRV related activities, Egorov noted that it is not yet financially self-sustaining, making community-backed funding essential.
Founded in 2020, Curve Finance currently manages around $2.2 billion in total value locked, positioning it among the leading decentralized finance protocols globally.
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