Curve Founder Seeks $6.6M CRV Grant to Drive Development

Crypto News DeFi

Curve Finance Founder Seeks $6.6 Million in CRV Tokens to Boost Development

Written by Aaron S.,

Editor-In-Chief

Last Updated: December 15, 2025

Key Takeaways

Michael Egorov proposed a 17.45 million CRV grant ($6.6 million) to support Swiss Stake AG’s research and development work;
The funds would maintain the 25-member team, enhance Curve’s lending tech, and improve its software and security systems;
If approved, Swiss Stake AG can stake some CRV for income, while all project outcomes will remain open-source.

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Curve Finance Founder Seeks $6.6 Million in CRV Tokens to Boost Development

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Michael Egorov, founder of Curve Finance, has suggested giving 17.45 million CRV CRV $0.4216 tokens to Swiss Stake AG to help fund research, development, and ecosystem support.

The tokens are valued at about $6.6 million and would extend earlier funding approved in late 2024.

Egorov shared the proposal on the Curve DAO governance forum. He explained that the funds would support software improvements, security updates, and the team working on the lending platform.

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He 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".

The plan outlines several priorities for 2026. These include releasing a new version of the lending platform, Llamalend, developing an on-chain system for currency swaps, and improving Curve’s user interface.

Egorov said, "This proposal seeks to continue funding the development and maintenance of Curve’s smart contract ecosystem and software repositories, support further integrations, cross-chain functionalities, and user interface improvements, strengthen the governance and operational infrastructure of Curve DAO".

Egorov also noted that any intellectual property created through this funding will be shared under an open-source license compatible with Curve’s existing software.

If approved, Swiss Stake AG could stake some of the CRV tokens to earn additional income, but would not be allowed to spend them on other activities.

Recently, State Street, Galaxy, and Ondo Finance launched SWEEP, a PYUSD-based tokenized fund offering instant liquidity for qualified investors. How does it work? Read the full story.