The founder of Curve now controls 71% of the protocol's voting power

Curve's founder and CEO Michael Egorov now controls 71% of the popular decentralized exchange's governance voting power.

In what appeared to be an attempt to counteract the 50%+ voting power of the yEarn protocol, Egorov, in his own words, "over-reacted" and locked up more CRV than he intended, significantly shifting the power in his favor.

To vote on proposals to Curve, CRV token holders must lock up their tokens and get veCRV in return. veCRV represents one's voting power on Curve. Users can lock