The Curve community proposes to allocate 30 million CRV from the Curve community fund to support multiple Curve SubDAOs

2023-09-12 17:22:47
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ChainCatcher news, the Curve community has initiated a new proposal to create multiple CRV vests through the Curve Community Fund to fund Curve Research (10 million CRV), Curve Risk (5 million CRV), Curve Analytics (5 million CRV), and Dev Tools (10 million CRV) for several Curve SubDAOs, totaling 30 million CRV. These vests will provide funding for the subDAOs for a period of 2 years, from Q1 2024 to Q1 2026.

It is reported that these CRV will vest linearly from the Community Fund over 365 days, and the DAO reserves the right to cancel any remaining vesting at any time. If all funds are not used by Q1 2026, the subDAOs agree to return the remaining funds to the Curve Community Fund or transfer the remaining funds to the next round, pending DAO approval.

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