Curve Finance Proposes $6.6 Million Grant to Fund 2026 Platform Upgrades and Enhancements

• Curve Finance proposes a $6.6 million grant to fund 2026 development and upgrades.
• Swiss Stake AG will use the grant to support its 25 member development team.
• The funding aims to improve Llamalend v2 user interface and add onchain FX swap.

Curve Finance founder Michael Egorov has proposed a $6.6 million CRV token grant to fund key developments in 2026. The grant aims to support a 25-person core development team at Swiss Stake AG, the firm behind Curve. It would also fund major upgrades, including Llamalend v2 and an onchain foreign currency swap.

The plan, which was released on the Curve DAO governance forum, consists of a bunch of technology and security enhancements to the lending protocol. It is based on a grant given earlier in late 2024, meaning that the community continues to support the project. The grant is worth 17.45 million CRV tokens at current price.

Funding Focus and Development Goals

The funds are intended to support software research, infrastructure, security enhancements, and ecosystem growth. Swiss Stake AG plans to use the grant to sustain its contributor team while advancing Curve’s platform.

The proposal details multiple objectives for 2026. These include launching and scaling Llamalend v2, improving the user interface, and introducing an onchain foreign currency swap. Additional plans involve cross-chain functionality, governance improvements, and further integration with DeFi protocols.

The firm intends to release any intellectual property created with the grant under an open-source license compatible with Curve repositories. This ensures that all developments remain accessible to the broader Curve ecosystem.

Revenue Streams and Financial Sustainability

Swiss Stake AG has generated revenue through Curve Lite deployments on other networks and staking veCRV via wrapper protocols like Convex, StakeDAO, and Yearn. These revenues are considered ancillary and have been used according to prior grant guidelines.

In spite of these sources of income the Swiss Stake AG still depends on the community a great deal. The grant would allow it to be stable financially as the team moves to self-sustainability. Spending bi-annual reports will be put in place to ensure transparency and accountability.

Curve Finance Market Position

Founded in early 2020, Curve Finance currently has a total value locked of approximately $2.2 billion. This ranks it as the 21st-largest DeFi protocol globally, according to DefiLlama data. However, in September 2024, Curve Finance faced fraud allegations from the SEC causing it to remove TUSD as crvUSD collateral. The protocol’s focus on stablecoin trading and decentralized finance has helped it maintain a strong position despite market fluctuations. Late last year,TON partnered with Curve Finance to elevate DeFi through efficient stablecoin swaps.

The suggested grant will cover essential infrastructure upgrades and keep Curve on the competitive advantage in the DeFi industry. The funds will help develop and sustain the protocol by improving the functionality of the protocol over the long term and community-driven expansion.