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FraxFraxby0x5635F75308e4863DA06bB454E0afA5f74bF28B5B0x5635…8B5B

$25m CVX Acquisition

Voting ended about 4 years agoSucceeded

Please see proposal thread here > https://gov.frax.finance/t/25m-cvx-acquisition-fund/730

The markets have been dumping pretty hard the last few weeks and this could be a good time to start buying up more profit making assets, so i propose we start buying CVX directly off the open market.

FOR = FRAX protocol will buy $25m of CVX

AGAINST = do nothing.

*If this action is supported by the people of FRAX then we can look at adding to our CVX position again in another vote at a later date.

Off-Chain Vote

FOR
3.91M 99.9%
AGAINST
2.53K 0.1%
Download mobile app to vote

Timeline

Jan 29, 2022Proposal created
Jan 29, 2022Proposal vote started
Feb 01, 2022Proposal vote ended
Oct 26, 2023Proposal updated