what's Swiss Stake AG?
Swiss Stake AG is a Switzerland-based software development company serving as the primary builder for Curve Finance, a decentralized exchange protocol optimized for stablecoin trading. Founded by Curve's creator Michael Egorov, the firm manages core research and development, including enhancements to the automated market maker (AMM) design that minimizes slippage for similar assets, integration of new collateral types, and security audits. The company employs a team of approximately 25 specialists in software engineering, cryptography, and DeFi mechanics. It operates through transparent DAO grants from Curve governance, delivering open-source contributions such as Llamalend lending improvements, crvUSD stablecoin expansions, FXSwap for tokenized real-world assets, and cross-chain deployments. This structure ensures ongoing innovation while aligning incentives with the Curve ecosystem.
Returned 803 million CRV and $179,000 scrvUSD in unused grant money to Curve Grant Council after transitioning work to Swiss Stake AG.