Square peg, meet round hole: a decentralized autonomous organization is pondering taking a rival fork to court.
Earlier today, a member of the Curve Finance community made a post in Curve’s governance forum titled “Enforce Curve’s IP Rights.”
“Curve has proven incredibly popular, with over $10B deposited, hundreds of millions in daily volume, and around $1M/week in earnings to veCRV holders. This places it among the top of all exchanges in crypto today, even rivaling publicly-traded CEX’s,” the post reads. “[…] Those CEX’s protect their IP on behalf of their shareholders and there is no reason why Curve, just by virtue of its DAO organization, should not protect itself for the benefit of veCRV holders too.”
The target of the IP enforcement in this case would be Saddle. Saddle — which the official Curve Twitter handle characterized as a “line-by-line translation from one language to another,” potentially a violation of Curve’s license — launched in January this year to significant fanfare and with major VC backing. It also enabled a handful