COINOTAG News reported on December 24 that Curve Finance founder Michael Egorov proposed allocating 17.45 million CRV tokens (about $6.2 million) to Swiss Stake AG, Curve’s development arm, to fund ecosystem growth, technical research, and continued advancement of the lending protocol. Funds would back software, infrastructure, and a 25-strong core team.
Key objectives include launching Llamalend, enabling on‑chain forex, and refining Curve’s user interface and cross‑chain capabilities.
Voting results were divided: 54.46% opposed, 45.54% in favor. Notably, addresses from Yearn Finance and Convex Finance accounted for about 90% of opposing votes.
Some community members warned about governance centralization and urged Swiss Stake to disclose past fund use; others proposed a staggered payment approach to limit potential CRV price impact.
Source: https://en.coinotag.com/breakingnews/crv-governance-split-as-curve-founder-proposes-17-45-million-crv-to-swiss-stake-ag-for-llamalend-and-on-chain-forex
