Curve Founder Seeks $6.6M CRV Grant to Fuel 2026 Ecosystem Expansion
Michael Egorov, founder of Curve Finance, has submitted a governance proposal to allocate 17.45 million CRV tokens (worth approximately $6.6 million) to Swiss Stake AG for continued ecosystem development through 2026. The funding WOULD support a 25-member engineering team working on Llamalend V2, FXSwap infrastructure, cross-chain interoperability tools, and DAO governance upgrades.
The proposal highlights Swiss Stake AG's technical contributions since 2020, positioning the grant as critical for maintaining Curve's competitive edge in decentralized finance. Development priorities include enhanced lending protocols and multi-chain integration capabilities that could strengthen CRV's utility across Ethereum, Arbitrum, and other supported networks.
Market reaction appears muted despite the ambitious roadmap, with CRV trading at $0.38, down 2.24% in the past 24 hours. The token's performance continues to reflect broader DeFi market pressures rather than protocol-specific developments.