Curve Founder Proposes 17M CRV Grant to Support Research and Core Development
Michael Egorov, the founder of Curve Financial, a decentralised financial technology, has allocating 17.45 million CRV tokens to support core development through 2026. The project aims to increase security, infrastructure, and software research, and to support the ecosystem for a 25-person team at Swiss Stake AG.
This proposal, submitted to the Curve DAO governance forum on December 14, is similar to a 2024 grant that ended in August. Its goal is to keep operations independent even as new sources of income become available.
The Purpose of the Grant and the Recipient
In the proposal, Egorov said, “This proposal asks for a grant for software research and development work, as well as other activities that will assist Curve in the future.”
The grant would go to Swiss Stake AG, based in Zug, and the company that built . It runs its own software infrastructure and is separate from the DAO.
Egorov said that Swiss Stake AG has established revenue streams, but “these earnings alone do not yet make the company sustainable.” He also said, “This grant will fund software research and development, infrastructure, security, and ecosystem support, ensuring that the 25-member team at Swiss Stake AG can continue its ongoing contributions to Curve.”
significant Development Projects
In 2026, Swiss Stake AG aims to focus on a few key initiatives, such as Llamalend V2, which adds admin fees for the and provides additional collateral support.
The team will continue working on crvUSD and other loan systems while also advancing FXSwap, Curve’s on-chain foreign platform platform for low-volatility assets such as tokenised gold.
The maintenance of innovative contract ecosystem and core software repositories will go on. All of the grant’s intellectual property will be made available under an open-source license that works with Curve’s repositories.
Staking and Reporting Rules
The proposal states that Swiss Stake AG must publish updates on the governance forum every six months that show how the grants were spent and list the projects sponsored.
Funds that have been approved but aren’t needed right now can be on liquid locker platforms like Convex and Yearn, but the yields can only be used in accordance with the terms of the grant.
Voting is open until December 22, 2025, and as of press time, all votes cast so far are in favour of approval. CRV rose more than 3% from multi-week lows around $0.37, but it still lost money each week, even later than posting strong third-quarter results.
Curve Finance said its protocol revenue more than doubled from one quarter to the next, driven by increased and stablecoin activity. This funding surge shows that people believe Curve will keep growing, even though is quite competitive.
