TechFlow reports, according to an official blog post, ABC Labs has announced a $2.2 million strategic investment in the Curve ecosystem, acquiring 6.46 million sdCRV (Stake DAO's liquid locked Curve DAO tokens) and locking 923,000 Stake DAO tokens (SDT) into a 4-year voting escrow. This purchase gives the Reserve ecosystem the highest voting power within Curve DAO among all non-founder entities.
This acquisition is part of ABC Labs’ ongoing $20 million investment initiative into the Curve ecosystem, aimed at securing governance rights and enhancing RToken liquidity. Currently, RToken liquidity pools on Curve hold approximately $25 million in assets, primarily on the Ethereum mainnet. This additional investment will further boost RToken liquidity on Curve, with initial focus on Arbitrum. By investing in Arbitrum’s liquidity, Reserve expands its ability to direct incentives across both mainnet and L2 networks through synergistic DeFi governance investments.
