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FraxFraxby0x5635F75308e4863DA06bB454E0afA5f74bF28B5B0x5635…8B5B

CVX Acquisition fund 2nd vote.

Voting ended about 4 years agoSucceeded

So with 3.9m yes votes and 2.5k no votes, seen here > https://snapshot.org/#/frax.eth/proposal/0x2fcc989e459a21253e8067bd2833effcb3468d35aeb5fa5c4aeefc0ad05d689e

The first vote on this proposal idea fell short of the quorum rules that started being enforced in the middle of the vote. But the general feedback was positive so i feel with a few tweaks to the proposal we could make it more attractive to all parties involved.

I would like to propose a $10m OTC swap with convex, based on a 14 day average price. If a deal is agreed then FRAX protocol will use its CVX to gain more voting power (via vlCVX)

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

FOR = make contact with convex and table the OTC offer

AGAINST = do nothing.

Off-Chain Vote

FOR
2.77M 99.8%
AGAINST
4.81K 0.2%
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Timeline

Feb 23, 2022Proposal created
Feb 23, 2022Proposal vote started
Mar 01, 2022Proposal vote ended
Oct 26, 2023Proposal updated