The list of innovations and novel mechanisms from the Swiss Stake cohort quite literally shaped defi as we know it.
It is necessary to support such important work.
Although, during this time, there have also been many spectacular failures of business decisions, an inability to work with large shareholders, and capital and reputational destruction from the liquidation event inflicted on every team and protocol that calls Curve home.
Many of these moments were wholly avoidable and self-inflicted.
When a version of this proposal passes, we hope that a more well-rounded entity is formed that is able to give Mich and his team the space to focus, innovate and iterate and continue to push defi forward (out of the tidal pool and into the ocean) — while, at the same time, letting a cohort of business-minded people grow the protocol, the talent pool, onboard new users and use-cases, and collaborate with major stakeholders.