Proposal

Retrograde invites Frax Finance to participate in the private round as a protocol DAO, alongside other key strategic partners, including Redacted Cartel and many more. Vote locking RETRO will extend both a claim to protocol yield and governing rights, which promise to become influential in the forthcoming “Astro Wars”. Further, Frax will be able to align incentives between our communities, in keeping with continued collaboration between Frax and Terra.

Investment Terms

• $50k allocation for Frax Finance
• $0.05 / RETRO
• 1 year cliff, 4 year vest

More Info

Website Docs Twitter

Actions

For:

Invest in Retrograde and acquire the full $50k allocation

Against:

Do nothing