Frax x Perp

Voting ended almost 4 years agoSucceeded

For further details and to view discussions so far please visit the forums here: https://gov.frax.finance/t/frax-x-perpetual-protocol/797

At a high level we are proposing the following:

10M loan to the Perp Foundation team to be utilised for market making activities on Perp V2
Tenure of 6 months
5% interest to be paid in PERP. This will be paid up front to demonstrate good will
Enable FRAX as multi collateral on completion of feature (currently on track with estimates in early Q2)

For

6.61M 99.5%

Against

35.5K 0.5%

Mar 04, 2022Proposal created

Mar 04, 2022Proposal vote started

Mar 11, 2022Proposal vote ended

Oct 26, 2023Proposal updated