#Curve 's Funding Request Sparks Controversy ๐ค
#CRV founder Michael Egorov is facing heat from the community over a proposal to fund Swiss Stake AG, the company behind Curve, with a hefty 21 million $CRV . That's $6.37 million! ๐
While Egorov claims the funds are needed to support a team of over 25 developers and researchers, many are questioning the steep price tag. ๐ With an average annual salary of $300k per employee, ๐คฏ as calculated by some community members, the proposal is raising eyebrows. ๐
The community is demanding more transparency. A detailed breakdown of expenses and a clear roadmap (as $AAVE does๐) for the funds are essential to gain trust. ๐ฅ
This situation highlights the challenges faced by decentralized projects when seeking centralized funding. It's a delicate balance between community governance and the need for resources to drive development. ๐บ๐
What do you think? Is the funding request justified, or is the community's skepticism warranted? DYOR! #Altcoins