Curve Finance Unveils $6.6M Grant Plan for Major 2026 Upgrades
Curve Finance proposes a $6.6M CRV grant to Swiss Stake AG for upgrades including Llamalend v2, an onchain FX swap, and open-source development, aiming to boost infrastructure and DeFi innovation by 2026.
Curve Finance has proposed a 17.45 million CRV token grant, valued at $6.6 million, to fund Swiss Stake AG’s development of key upgrades through 2026. The grant aims to support a 25-person team focused on software research, infrastructure, security, and ecosystem growth. Major planned upgrades include the launch of Llamalend v2, an improved lending system, and the creation of an onchain foreign exchange swap mechanism for cross-border transactions. The proposal emphasizes open-source commitments, with all intellectual property released for community access. Swiss Stake AG would be allowed to stake a portion of the CRV tokens to generate yield, with biannual transparency reports on fund usage. The grant is positioned as a bridge to sustain Curve’s contributor base and technical capabilities, supporting long-term DeFi development and innovation. The market reaction has been muted, with CRV’s price reflecting ongoing volatility. If approved, the proposal could enhance Curve’s infrastructure, governance, and integration within the DeFi ecosystem.