Curve's founder proposed allocating 17.45 million CRV tokens to support the R&D team and technology upgrades by 2026.
TL;DR
Curve founder Michael Egorov proposed allocating 17.45 million CRV tokens (about $6.6 million) to fund a 25-person team for 2026 upgrades, including Llamalend v2 and open-source protocols, with potential staking gains.
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PANews reported on December 15th that, according to Cointelegraph, Curve founder Michael Egorov submitted a proposal to the DAO requesting 17.45 million CRV (approximately $6.6 million) as development funding, to be received by Swiss Stake AG, the company behind Curve. The funds will support a core team of 25 people in developing upgrades for 2026, including Llamalend v2 and on-chain foreign exchange functionality, and releasing all research results as open-source protocols. If the proposal is approved, the company can also use a portion of the CRV for staking gains.