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BMXBMXby0xB1dD2Fdb023cB54b7cc2a0f5D9e8d47a9F7723cemorphexbmx.eth

BIP-8: Advance Authority to acquire veAERO NFTs on Based MediaX using Treasury owned BMX

Voting ended about 1 year agoSucceeded

If passed, this proposal grants the team the discretion to use up to $500,000 worth of BMX to buy veAERO positions on Based MediaX that are priced in BMX.

If filled entirely, this acquisition would increase Treasury’s position to over 1,000,000 veAERO at current values.

At current AERO prices, it would drive approximately $9,750 more in rewards to the gauge each week.

Spreading buys across sellers and across time would remove the fear of any immediate sell pressure from this effort.

Off-Chain Vote

For
861.26K BMX99%
Against
8.86K BMX1%
Quorum:116%
Download mobile app to vote

Discussion

BMXBIP-8: Advance Authority to acquire veAERO NFTs on Based MediaX using Treasury owned BMX

Timeline

Dec 05, 2024Proposal created
Dec 05, 2024Proposal vote started
Dec 08, 2024Proposal vote ended
Mar 28, 2025Proposal updated