Curve DAO Proposal Seeks $6.7 Million in CRV for Llamalend V2 and FXSwap
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Curve DAO is voting on a proposal for a 17.45 million CRV (~$6.7M) grant to Swiss Stake AG to support development through 2026. The funding aims to enhance on-chain foreign exchange and advanced lending with Llamalend V2 and FXSwap. This initiative, proposed by founder Michael Egorov, is intended to maintain a competitive edge by securing top engineering talent.
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- Curve DAO is voting on a 17.45 million CRV (~$6.7M) grant to Swiss Stake AG to fund the 25-person core team through 2026.
- The funding targets the rollout of Llamalend V2 and FXSwap, signaling a major pivot into on-chain foreign exchange markets (Forex) and advanced lending.
- Proposed by founder Michael Egorov, the initiative aims to secure the protocol’s infrastructure against competitors by retaining top engineering talent.
Curve Finance is weighing a new governance proposal that would allocate a large CRV token grant to Swiss Stake AG, the firm responsible for much of the protocol’s core development over the past several years.
The proposal, now live for voting on Curve’s DAO portal, requests 17.45 million CRV, valued at about $6.7 million, to fund a 12-month development budget covering 2026.
According to the proposal, Swiss Stake AG has led Curve’s core…
Read The Full Article Curve DAO Proposal Seeks $6.7 Million in CRV for Llamalend V2 and FXSwap On Coin Edition.
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