Key Highlights
- Swiss Stake AG seeks a 17.45M CRV grant to fund 2026 development, focusing on Llamalend V2, FXSwap, cross-chain tools, and DAO upgrades.
- The grant aims to support Swiss Stake AG’s 25-member team, advancing Curve’s DeFi tools, lending systems, and multi-chain integration in 2026.
- Curve DAO token trades at $0.38, down 2.24% in 24 hours, as Swiss Stake AG plans a major 2026 development push with community-backed CRV grant.
Curve Finance Founder Michael Egorov has put forward a major proposal seeking a 17.45 million CRV token grant for Swiss Stake AG. The funding aims to support ongoing development and technical innovation across the Curve ecosystem throughout 2026.
According to the funding proposal, the role of Swiss Stake AG in the project’s development since inception in 2020 has remained fundamental to the progression of the project, and this will continue based on the given proposal, which focuses on developing Curve in all aspects of decentralized finance (DeFi) capabilities.
A one-year plan is described in this grant proposal, with carry-over funds if not all are used in a year. Of course, up until now, SSAG is maintaining operations through CRV allocations in smaller amounts and income sources such as deployments of Curve Lite and staking through such sites as Convex, StakeDAO, and Yearn.
Despite all these efforts, the company is still very reliant on community support in order to keep operating and building on the Curve ecosystem. The grant aims to facilitate continuous work and keep a core team of over 25 contributors, such as developers, auditors, and researchers.
Achievements and past progress
During the 2024-2025 grant period, Swiss Stake AG made several important updates. They improved the crvUSD system to allow more flexible collateral and lending options. They also worked on cross-chain features to help Curve operate across multiple networks. Governance interfaces were updated for easier use, and a quarterly reporting system was set up to keep the community informed.
Throughout the first grant period, Swiss Stake AG has provided regular quarterly reports on progress and deliverables, ensuring transparency and accountability,’ the proposal notes. Work on Llamalend V2 is moving forward, and it’s expected to go public after security checks. All updates and tools remain open source, keeping in line with Curve DAO’s focus on decentralization.
Objectives for 2026
For 2026, the following strategic projects have been lined up by Swiss Stake AG in the space of Llamalend V2. Llamalend V2 will increase support for LP & PT collateral and will help in admin fee generation for DAO. The FXSwap project will help in making Curve a premier platform for on-chain FX and low-volatile assets, including real-world assets such as gold. Improving crvUSD lending systems with new risk models and collateral support will be another task.
Cross-chain deployment will improve integration with DAO and working across multiple chains. User interface enhancements will keep moving in a positive way for better usability and understandability.
Moreover, Swiss Stake AG will work on developing ecosystem tools, researching on AMM, and modularizing current AMM designs in order to increase Curve’s flexibility in terms of technology. Security and Infrastructural support will continue being a major focus point.
Grant details and accountability
The requested grant of 17.45 million CRV is valued at approximately CHF 5.3 million and will be distributed over a 12-month period. Tokens will vest via a smart contract, and any unused funds will roll over.
Swiss Stake AG may stake grant tokens in liquid wrappers to generate additional yield, strictly for use by the project. This would be made transparent via bi-annual and quarterly reports, with all resulting IP released under open-source licenses compatible with Curve repositories.
Curve taking feedback on proposal alternatives
One of the big names in DeFi, Martin Krung, posted a funding proposition on X. Instead of financing from the CRV treasury, he suggests allocating one-third of the protocol’s earned fees—excluding vote incentives—to the funding of these initiatives. This method could align better with making interests for Swiss Stake on boosting fee revenue while not issuing extra tokens.
Curve Finance pointed it out on X, emphasizing that this is a “sustainable alternative” for funding development. Its team emphasized that such an approach could be a solution for a long period of time when CRV in the Community Fund is fully utilized. Krung also mentioned a hybrid approach where multiple ways of financing are combined, but the team is taking community feedback.
As of writing, according to CoinMarketCap, Curve DAO Token was trading at $0.381973 with a 24-hour trading volume of $61,888,954, having gone down 2.24%.
Swiss Stake AG’s proposal aims to keep Curve’s development on track. Community support will help maintain improvements, cross-chain features, and key DeFi tools.
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