The Curve community vote rejected a governance proposal to allocate 17.4 million CRV (approximately $6.2 million) to the core development company Swiss Stake AG. The proposal was submitted by Curve founder Michael Egorov and aimed to provide funding for software development, infrastructure, security, and ecosystem support for Swiss Stake's team of about 25 people. The final vote result was 54.46% against and 45.54% in favor. Voting data showed that nearly 90% of the opposition votes came from addresses related to Yearn Finance and Convex Finance. (The Defiant)
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The Curve community vote rejected a governance proposal to allocate 17.4 million CRV (approximately $6.2 million) to the core development company Swiss Stake AG. The proposal was submitted by Curve founder Michael Egorov and aimed to provide funding for software development, infrastructure, security, and ecosystem support for Swiss Stake's team of about 25 people. The final vote result was 54.46% against and 45.54% in favor. Voting data showed that nearly 90% of the opposition votes came from addresses related to Yearn Finance and Convex Finance. (The Defiant)