TechFlow news, Curve founder Michael Egorov has recently proposed an important initiative to allocate 21 million CRV tokens from the Curve DAO community treasury to support the ongoing development of the Curve ecosystem.
The proposal aims to provide one-year funding for Swiss Stake AG to support software development, ecosystem growth, and educational resource creation. As the initial developer of the Curve software repository, Swiss Stake AG currently involves over 25 individuals or entities engaged in development and research related to Curve.
Under the proposal, Swiss Stake AG commits to using the funds in good faith and will publish a fund utilization report every six months. All software developed with the allocated funds will be released under open-source licenses. The proposal will undergo a 7-day on-chain vote, requiring a quorum of 30% and majority approval to pass. If approved, the 21 million CRV will be gradually unlocked to Swiss Stake AG over one year.
