Curve's founder proposed donating $17 million in CRV funds to support the research and development team.
Odaily Planet Daily reports that Curve Finance founder Michael Egorov proposed at the Curve DAO governance forum to allocate 17.45 million CRV tokens (worth approximately $6.6 million) as funding to support the company behind it, Swiss Stake AG, for ecosystem growth, research, and technology development.
The funds will support a range of technical and security enhancements to the Curve lending protocol and maintain its team of 25 contributors. Swiss Stake AG's goals for 2026 include launching and expanding a new version of its lending system, Llamalend, creating on-chain foreign exchange, and improving the Curve user interface. If the proposal is approved, Swiss Stake AG can stake a portion of its CRV to generate additional yield, but its IP will be released under an open-source license compatible with the Curve software repository.
