Sources
Loading...
Additional media
Loading...
DeepNewz, mobile.
People-sourced. AI-powered. Unbiased News.
Michael Egorov, founder of Curve Finance, has submitted a DAO funding request seeking a grant of 21 million CRV tokens, valued at approximately $6.37 million, to fund Swiss Stake AG, the company responsible for building Curve. The funding is intended to support software development, educational resources, and tools over the course of a year. Swiss Stake AG, which employs more than 25 individuals, has previously funded Curve's development from its own resources. The proposal has sparked debate within the Curve community, with concerns raised about the grant consuming 44% of the Curve Community Fund without detailed costings.
[https://t.co/5cDfpQnMEu] Curve Founder Michael Egorov Seeks $6.37M Grant for Swiss Stake AG to Support Development; Proposal Requests 21 Million $CRV to Fund Over 25 Team Members Contributing to Curve’s Growth https://t.co/SDKXl1VOcc
💰 Michael Egorov, the founder of @CurveFinance, is requesting 21 million CRV to fund Curve's development team for one year The Curve community is pushing back, noting that the grant would siphon 44% of the Curve Community Fund without providing costings https://t.co/FdyJ4AqKet
The Curve community will deliberate on a DAO funding request for 21 million CRV to be allocated to Swiss Stake AG, the company building Curve founded by Michael Egorov. @tikta_ reports https://t.co/djtFKbZdQD
