SquidDAO to Purchase $250K of CVX

Intro: After much discussions with Krakens / defi industry friends — I have decided to support the fund buying $250K of CVX and max locking it.

Purchasing CVX will give SquidDAO some control on the CVX gauge. Good for us and good for supporting friends.

Rationale: Owning CVX will enable us to boost strategies we want to target — ie cvxJPY.

Additionally, we can support frens like Spell to help boost their pools, and in return gain support about getting wsquid onboarded as collateral.

Most importantly, I will be pushing Convex to build a cvxSquid vault. If / when this launches we will be able to use our CVX position to juice the yields and increase incentives to lock squid.

For: SquidDAO to purchase $250K of $CVX (at undisclosed time).

Against: Do Nothing.

Quorum is 32 votes