• © Goverland Inc. 2026
  • v1.0.8
  • Privacy Policy
  • Terms of Use
FraxFraxby0x5635F75308e4863DA06bB454E0afA5f74bF28B5B0x5635…8B5B

Increase Our $TEMPLE Holdings

Voting ended about 4 years agoSucceeded

As things stand right now we have a partnership with TEMPLE, we have carried out a $1m token swap with TEMPLE, we have whitelisted TEMPLE to stake FXS and we have agreed to set up a TEMPLE - FRAX pair and add it to our rewards gauge (yet to be complete)

These proposals where all made by team members and where voted in a few months ago.

Due to an issue with the TEMPLE vesting and token unlocking system that resulted in many investors selling their TEMPLE tokens, the market cap of the TEMPLE protocol is now much lower then the value of the assets they hold (mostly FRAX).

i would like to propose the following.

FRAX protocol buys TEMPLE on the open market and stakes it in the TEMPLE DAO protocol. We vote on the amount to buy We only complete the trade if TEMPLE token price is still below RFV when the vote is completed.

The voting options will be.

Do nothing = do not buy any extra TEMPLE Buy $500k of TEMPLE Buy $2m of TEMPLE

Off-Chain Vote

DO NOTHING
8.87K 0.1%
BUY $500K OF TEMPLE
0 0%
BUY $2M OF TEMPLE
8.18M 99.9%
Download mobile app to vote

Timeline

Jan 12, 2022Proposal created
Jan 12, 2022Proposal vote started
Jan 16, 2022Proposal vote ended
Oct 26, 2023Proposal updated